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FHA Foreclosure Refinance

Written By: admin on October 17, 2009 No Comment

I am facing possible foreclosure on my home. I live in MI and have read about the HOPE program for people like me. My credit is terrible because of my defaulted mortgage payments and the company that holds my mortgage does not refinance. Is there any companies in MI that can help me with this [...]

Written By: admin on August 10, 2009 One Comment

Homes in are area are foreclosing in the masses. Our income was recently cut in half. The house will not sell, other homes are not selling either. Can’t refinance without options because the home is worth 100k less than the mortgage. We’re stuck. Our bank is opting out of this [...]

Written By: admin on July 13, 2009 No Comment

On the Dave Ramsey website I found this plot. In a way it sounds very excellent. Maybe too excellent.
I really like it so far, Can you take a look at it and tell me what you see that is incorrect?
Could ti really be this simple?
Or this cheap?
Here it the text of the plot. I [...]

Written By: admin on June 30, 2009 No Comment

Years of terrible decisions and stupid mistakes have made an economic nightmare in this country, but 0 billion in new debt is not the answer. As a tax-paying American citizen, I will not support any congressperson who votes to implement such a policy. Instead, I submit the following three steps:
Common Sense Plot.
I. INSURANCE
A. Insure the [...]

Written By: admin on June 29, 2009 One Comment

http://www.daveramsey.com/media/pdf/the_common_sense_fix.pdf
Years of terrible decisions and stupid mistakes have made an economic nightmare in this country,
but 0 billion in new debt is not the answer. As a tax-paying American citizen, I will not support
any congressperson who votes to implement such a policy. Instead, I submit the following threestep
Common Sense Plot.
I. INSURANCE
a. Insure the subprime bonds/mortgages with [...]

Written By: admin on June 29, 2009 No Comment

On the Dave Ramsey website I found this plot. In a way it sounds very excellent. Maybe too excellent?
I really like it so far, Can you take a look at it and tell me what you see that is incorrect?
Could it really be this simple?
Or this cheap?
Here it the text of the plot. I [...]

Written By: admin on June 28, 2009 No Comment

I bought a propety this summer FHA loan (was buying a second property but have sold one since sale, so I had to use FHA) at 6.25% (fantastic at the time) with GMAC. I do pay pmi but I reckon my property will appraise higher (foreclosure property, and terrible poorly done appraisal)
Since rates have dropped [...]

Written By: admin on June 28, 2009 One Comment

AP
Housing aid bill faces veto by President Bush
Friday May 9, 4:01 am ET
House passes massive homeowner rescue plot, defying President Bush's veto threat
WASHINGTON (AP) — Democrats' plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush's threatened veto and the backing [...]

Written By: admin on June 28, 2009 One Comment

My parents house is going through a foreclosure and my boyfriend and i were thinking of buying it but then the real estate man told us i couldn't because i have their last name, is that right? Another option was that the FHA would help my parents refinance and get dem outta this whole but [...]

Written By: admin on June 27, 2009 One Comment

Thinking this may be a help to consumers? Wait until you read what the people who you elected are going to do.
First of all this bill is ‘bi-partisan’ and was voted ‘yea’ at 84-12. The Senate has proclaimed it as a package designed to help businesses and homeowners ‘weather the housing crisis.’ The supporters of [...]

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