We hear about all those people who are underwater on their mortgages, and we hear about the incredibly high amounts of distressed properties on the market today. Yet, many of us never really come across the foreclosure process. Is it really that bad? Is it really happening everywhere? As I write this, I’m on my […]
Foreclosure
Larry King Live on CNN interviewed two families in trouble because of the recent housing crisis last night. The first family was starting to get behind on their payment, while the other already lost her home and is now living in her car. Overview of the Two Situations Family Hope The first family (which we […]
After I posted this post, my readers corrected me in that ING Direct is actually a very responsible lender and company. I apologize for overreacting to the sub-prime mortgage. With so many news articles about subprime loan and people being suckered into low teaser rates that ultimately reset, one would think that there wouldn’t be […]