How to Save More Money at Home According to a recent Pew Research Center survey, some 55 percent of Americans have seen their household income fall or—in the case of those who have lost their job—evaporate. If you’re bringing home less than you were, there…
Is Now the Right Time to Buy a Vacation Home along the Gulf of Mexico? Week after week, the Gulf oil spill drama has dragged on, dragging down the fortunes of millions of residents and small-business owners with it. Meanwhile, Ken Feinberg, who oversaw the…
Want a Principal Reduction Loan Modification? The New Home Affordable Modification Program (HAMP) Rules You’ll Have to Live By Are you late in paying your mortgage? Are you about to be? Is your home worth less than the mortgage balance? If you answered yes to…
Is unemployment rising? Economists have been puzzled why so few jobs are being created now that the recession appears to be over. I don’t think it’s that surprising. This is the second post-recession period in a decade that has seen anemic job creation. Frankly, between…
If you’re trying to sell a house this year, you’ve got a rough road ahead of you. Since the end of the $8,000 first-time home buyer tax credit and the $6,500 long-term homeowner tax credit on April 30, the number of people interested in buying…
If your house is worth less than the mortgage amount, you’re underwater with your loan. And that means you could be facing a short sale nightmare. If you want to sell your house, unless you plan to come to the table with enough cash to…