Do You Qualify For “Hardest Hit Housing” Fund

Is Hardest Hit Housing Fund For You Here are the basic facts you need to know about the Hardest Hit Housing fund, which was created for the states in which the housing financial crisis was the hardest of all. Making Home Affordable has brought the following information: Early in 2010, Treasury announced that the Hardest Hit […]
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Paying Mortgage When Unemployed

Home Affordable Unemployment Program There are times in life when bad luck hits you bluntly in the face. Having a mortgage and being unemployed is such a case. Thousands of Americans have found out that their home value has sunk deep, their mortgage payments are coming as scheduled, but then the worst case scenario happens […]
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Stop Christmas Spending Crushing Mortgage Payments

Pay Home Loans Before Christmas Spending Many people lose their mind when it comes to Christmas frenzy shopping. The usual Christmas spending per family can get as high as $1500. Without planning ahead, and foreseeing the immediate consequences, such Christmas spending should be avoided if you are tight on the budget. There are two options […]
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FHA Seller-Funded Down-Payment Loans

FHA Hit By Seller-Funded Down-Payment Loans It took the Congress a while but the Seller-Funded Down-Payment Assistance Loans which nearly brought the FHA into bankruptcy itself, had been finally blocked off. Though these seller funded assistance loans for down payment are only a small fraction of the over all FHA mortgage budget. They have a […]
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Short Sale vs. Fore-closure

Should You Short Sale or File Foreclosure Your mortgage is about default due to slow payments. The question comes up as to what makes better financial sense; a short sale or fore-closure on the property. If you have the ability and the lender and all the other lien holders agree, a short sale (paying less than […]
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