The Las Vegas housing market has taken one of the biggest hits in recent months, staking claim to one of the nation’s top areas for foreclosures. After much sweat and tears, Vegas homeowners have begun to force a new strategy for managing mortgage debt in their market: short sales. Trying Something New Now one of  … Read more

A $2 billion state program was created to assist struggling homeowners maintain their mortgage payments and avoid foreclosure. The Keep Your Home California program offers four different areas of assistance for homeowners experiencing hardships. Program Basics The Unemployment Mortgage Assistance Program provides up to $3,000 a month to qualifying homeowners who have experiences and involuntary  … Read more

More and more reports of fraudulent companies scamming innocent homeowners pour into the office of the Federal Trade Commission each day. As the economy continues to batter the housing  market and mortgage lending industries, more companies are popping up to capitalize on the misfortunes of unsuspecting homeowners. The number of “foreclosure alternatives” and “mortgage relief”  … Read more

Many people facing financial trouble have never heard of a forbearance agreement. In short, a forbearance agreement is a deal between you and your lender that provides for temporary relief from a debt. Although they come in many forms, the basic idea is to provide you with a break from paying high monthly payments for  … Read more

Did you know that the IRS has the right to garnish your wages or bank account funds in order to satisfy a tax debt? Dealing with the IRS is difficult enough, but once your paycheck or bank account has been garnished you are likely to experience a new realm of problems. However, it is never  … Read more

Mortgage scam and foreclosure fraud cases have been on the rise over the last few years. As scam artists get more savvy with their targeting techniques, many innocent homeowners looking for mortgage relief have fallen victim to such companies. Fortunately, the government has not turned its cheek and has been working diligently to stop such  … Read more

One way people accumulate additional tax debts is by not claiming tax deductions and exemptions. While failing to claim these tax benefits won’t leave you with a large tax burden, it definitely costs you more than you would normally owe. With many of us facing other financial pressures, why not take advantage of any extra  … Read more

Investment property owners are not immune to the effects of a sinking economy and turbulent housing market. While many have managed to dodge the bullet of foreclosure, many more are still suffering from large mortgage payments that are challenging their monthly budgets. While mortgage modifications may be a solution for some, not all lenders are  … Read more

Many people owe the IRS money. In fact, it is estimated that nearly 6 million Americans are in some sort of tax debt. While dealing with the IRS can be stressful, it is not impossible. There are many ways you can manage your tax debts and get out from under the eye of the IRS.  … Read more

Being the in the position to choose between entering the short sale process or ending up in foreclosure is all too common these days. Many people have ended up in mortgage debt due to unforeseen or uncontrollably factors. Neither a short sale nor a foreclosure is an option that many saw coming, but are being  … Read more