Today’s home prices are a far cry from what they were just a few short years ago. A foreclosure saturated market and increase in short sales has brought the average home price down in many markets. However, some previously distressed markets are beginning to report an increase in home values. Hope Street A recent report  … Read more

Massachusetts residents struggling with mortgage debt and at the risk of foreclosure may soon find some peace of mind under a new House Bill. Last, week legislature attendees voted unanimously in favor of House Bill 4323, designed to prevent unlawful foreclosures. All In Favor? Both the Massachusetts House and Senate voted all in favor of  … Read more

The confusing and outdated laws that drive some sectors of the financial and legal world have never been so frustrating.  Local governments, stooping to a new low, are now seizing property from homeowners over tax debt as low as $400!  It’s a shocking move that has more than a few consumer protection agencies up in  … Read more

On Monday, July 9, the Associated Press reported that fixed mortgage rates have fallen to an all-time low.  This is great news for homebuyers in the U.S.; suggesting increased confidence and better deals than ever before available.  Whether you’re looking to take on a mortgage or whether you’re suffering under mortgage debt, this news should  … Read more

On Tuesday, June 26, the Case-Schiller indexes showed that home prices had a monthly increase for the first time in seven months.  However, despite this good news, there are more than 10 million homes and properties with underwater mortgages.  Foreclosure is still a very real option for many Americans. What to do? If you’re struggling  … Read more

For homeowners struggling to stay on top of their mortgage, foreclosure is an alarming prospect.  However, the Home Affordable Foreclosures Alternative (HAFA) Program has alleviated a lot of the alarm many homeowners have felt.  The program helps homeowners avoid foreclosure in the event that they are unable to secure any kind of successful loan modification  … Read more

This week brought some great news for foreclosure victims.  And, if you have been affected by foreclosure, you know that’s not a sentence you read every day!  The Federal Reserve Board has recently discovered that several major mortgage providers have committed some unsafe and unsound practices related to the foreclosure process. The Details The details  … Read more

As the housing market continues to put more pressure on homeowners, many are finding themselves more vulnerable to scams than they might ordinarily be.  Unfortunately, a group of young men in California recently took advantage of this vulnerability with a loan modification scam. How It Works The men of Mission Viejo, California sent out letters  … Read more

For many homeowners today, the thought of foreclosure is one of the scariest possibilities.  Unfortunately, for many other homeowners that thought is already becoming a reality.  A recent report from RealtyTrac reveals that foreclosures accounted for 26% of all U.S. home sales during the first quarter of 2012.  This report – just released last week  … Read more

Foreclosure has become a mainstay in our vocabulary for the past five to six years.  Nearly everyone hears about it every day or has been personally affected by it.  It’s unfortunate to say, but it is something that we have just had to learn to deal with day in and day out.  Recent trends posted  … Read more