Home Ownership At All Costs
Yet another group is speaking out against President Bush's mortgage proposal. The National Multi Housing Council, which represents the interests of t...
Home Ownership At All Costs
Yet another group is speaking out against President Bush's mortgage proposal. The National Multi Housing Council, which represents the interests of t...
Watch Ilyce on CNN!
Ilyce will be on CNN this morning discussing President Bush's mortgage relief plan. Tune in and see Ilyce answer viewer questions. Dec. 7, 2007....
Should The Feds Help People Who Can’t Pay Higher Mortgage Rates?
President Bush unveiled his mortgage relief plan yesterday. Apparently it will give homeowners who financed homes with adjustable rate mortgages afte...
Attorney Can Help With Title Problems
A property deed may list several people as co-owners. What can you do if some of your co-owners want you to leave the property after someone passes away? This involves not only real estate title issues but also estate planning concerns. Contact a real estate attorney for help.
Deed in Lieu On Credit Report
When a mortgage lender agrees to sell a property for less than it's worth and forgive the debt it could show up on the homeowner's credit report as a deed in lieu of foreclosure. Homeowners who own property that is worth less than their mortgage loan amounts may be good candidates for this type of solution. But it's important to remember that if the mortgage lender such as a credit union forgives the debt, the homeowner may have to pay a tax bill for phantom income or a deed in lieu on his credit report.
Title Proves Home Ownership
Unlike for cars, states do not issues titles for property. The title you received when you bought your home proves that you own it, no matter whether it's a warranty deed, special warranty deed, trustee's deed or quit claim deed. When you pay off your mortgage you own your home in full and your lender removes its lien on your property.
Where To Start When Investing In Real Estate
When you want to start buying investment property you want to assemble an expert team. Look at your first home as investment property. And always have an exit strategy when buying investment property.