Types Of Bankruptcy

More Americans Warm Up To Homes in Newfoundland  Buyers from the U.S. and Europe are buying seaside summer houses on Canada's rock-ribbed coast for the price of a used SUV, taking advantage of the area's warming climate and


Foundation Falls Out From Hot Housing Market  SHIRLINGTON, Va. -- A hot real estate market shows no signs of cooling off -- unless concrete has anything to do with it.via


Steven Seagal Sells Farm For $2.5 Million to Musician  The actor has sold 995 acres that he used for his aromatherapy-oil business; Joely Fisher and Sharon Stone hope to sell their residences; and the family of John J. Donovan


Scripps issues million-dollar mortgage to lure scientist (The Palm Beach Post)  The Scripps Research Institute has started issuing home loans to sought-after scientists, giving one top recruit a $1 million mortgage for an oceanfront condo that cost $850,000.read more...


Corr - Australia's Baby Boomers See Property as Key Investment  Repeating to correct the fourth paragraph. SYDNEY, Nov 4 Asia Pulse - Asset-rich and financially savvy, Australia's baby boomers are looking to fund their retirement through property investment.read more...


On Personal Finance Today's spin on rent vs. own (Reg Req'd)  Question: My daughter and her husband have four school-age children and $40,000 in annual income.read more...

April 23rd, 2007

Mortgage meltdown is much more severe than thought before ? impact on the economy is long term and very severe (India Daily)

The sub prime mortgage meltdown is now spreading very fast into other mortgage products. The homeowners are on the edge trying to come out with the monthly payment. On an average one thousand real estate investors are going belly up every day.

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