Types Of Bankruptcy

Taste for Space Is Spawning Mansions Fit for a Commoner    In the two years since they moved into their voluminous 8,000-square-footer on the edge of Virginia's suburbs, the Bennett family has not once used their formal dining room, where


Know your motivations for your renovations  Average remodeling costs and returns Roof replacement Job cost: $12,177 Resale value: $8,833 Cost recouped: 72.5% Window replacement MIDRANGE Job cost: $9,419 Resale value: $6,167 Cost recouped: 65.5% UPSCALE ...read


Rudd's four-point plans for mortgage switching (Queensland Business Review)  The package of measures aimed at making it easier for homeowners to switch banks if they have are not satisfied with their mortgage provider has been released.read more...


Recreational Vehicle conversions  Don't you just love this house. It is a recreational vehicle converted into a beautiful little cottage.read more...


California gives mortgage debtors a tax break (CNN Money)  State senate approves a bill providing tax relief to strapped homeowners. SACRAMENTO (AP) -- The state Senate has approved a bill to help California homeowners whose lenders have forgiven part


Is a Recession on the Way?  "Clearly, we are in a very difficult period." Economists and politicians can debate all they want about whether the nation is sliding into its first recession in nearly seven

September 26th, 2006

Are seller-carryback mortgages risky?

Seller fears loss if buyer files for bankruptcy DEAR BOB: If I sell my rental house to my tenant and carry back a mortgage for my buyer, what happens if the buyer-tenant goes bankrupt? Is there any way I could …
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