A lot of people wonder how soon after a foreclosure they can purchase a new home.  The answer can be very different for each homebuyer depending on circumstances.  For the most part, foreclosure is very similar to bankruptcy when it comes to being able to purchase another home.  The time to successfully find another lender  … Read more

There is a lot of information available about how to manage credit debt.  However, there is not quite as much about those things that we might not realize that affect our credit report.  If you consistently make on-time payments but still have a low credit rating, one of these could be the problem: Excessive inquiries.   … Read more

Foreclosure is a process that, when done properly, takes several months from beginning to end.  For homeowners hoping to save their homes, this is good news.  It means that, with the help of a foreclosure attorney, they may be able to stop the foreclosure. The Beginning The first step of the foreclosure process is when  … Read more

There was a time when a simple formula for figuring out how much house one could afford was to figure 1/3 of one’s gross monthly income.  However, in some areas, housing prices have inflated at a much faster rate than salaries and more and more, people are finding themselves putting as much as half of  … Read more

For those who find themselves owing the Uncle Sam more money than they can pay, the IRS offers options to help make tax debt more manageable.  Some of these programs entail spreading payments out over a period of time; extensions to give tax payers more time to pay the money; utilizing the average of a  … Read more

There are a plethora of mortgages out there and figuring out which one might be best for one’s financial situation can be intimidating.  If one finds themselves with the wrong type of mortgage, managing mortgage debt can be very difficult.  Here is a glimpse at some of the different types of mortgages that are available.  … Read more

Although short sales are popular among real estate flippers primarily interested in purchasing property at a deep discount, remodeling or making some repairs, and then selling it for a considerable profit; they’re also a great way for prospective homeowners to get a great deal on a house they might not otherwise be able to afford.  … Read more

Not everyone is facing tough times.  For some, situations have remained relatively positive.  Those in a position to do so may consider refinancing in order to lower their payments and/or interest rates.  For those hopeful for a lower payment or who have been thinking of doing some home improvements, this can be a great way  … 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

Whether it’s through oversight or mathematical error, sometimes we learn that we owe money to the IRS that we didn’t realize we owed.  Upon discovering that a tax payer owes unpaid taxes, the IRS will send notification that includes details about the error, the amount owed, a due date for payment, and details about how  … Read more