Monthly Archives: January 2013

Banks Will Give You Money to Sell the Home You Can’t Afford

The foreclosure crisis has caused millions of homeowners to find themselves owing more on their mortgage than their home is worth.  In the past many of these homeowners would have lost their homes to foreclosure.  Nowadays there are options.  Today … Continue reading

Posted in Blog | Leave a comment

The Housing Market Continues to Recover

The Housing Market Continues to Recover The housing market continues to recover.  Sales of existing homes are on the rise.  Prices for these homes are also rising because of low inventory.  According to the National Association of  Realtors the rental … Continue reading

Posted in Blog | Leave a comment

Ten Major Banks Reached Settlement For Wrongfully Foreclosed Homes

Ten major banks reached a settlement to pay $8.5 billion in order to settle claims alleging that they wrongfully foreclosed on many homes. JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, MetLife Bank, PNC, SunTrust, GMAC Mortgage and HSBC Finance … Continue reading

Posted in Blog | Leave a comment

Short Sale Mortgage Forgiveness Debt Relief Act Extended to December 31, 2013

The Mortgage Forgiveness Debt Relief Act was extended to December 31, 2013 by lawmakers.   The extension means owner occupied homeowners now will be excused from paying taxes on forgiven mortgage debt through 2013. The law, established in 2007, was … Continue reading

Posted in Blog | Leave a comment