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Investors In Trouble: Any Foreclosure Help for Borrowers with Rentals?

All the buzz these days is about the homeowner rescue programs–Making Home Affordable and it’s babies Home Affordable Refinance Plan (HARP) and Home Affordable Modification Plan (HAMP). But eligibility for these programs requires that the property be a primary residence. What about investors? Is there any help for them? Continue reading ‘Investors In Trouble: Any Foreclosure Help for Borrowers with Rentals?’

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In Trouble with Your Mortgage? So Are a Lot of Experts

It’s not just the sixth-grade drop-outs who are having mortgage problems. And not just the “greed is good” Wall Streeters either. And not the big spenders who partied like it was 1999 even though it was 2009 and they weren’t pulling in the big bucks anymore. And the Realtors? The ones who many think stretched the truth when talking up property as a great investment? A lot of them are in more trouble than anyone–because they bought into the hype more than anyone. After all, you have to be pretty enthused about a product to sell successfully. Lots of these folks have no business coming in and a lot of houses going into foreclosure–including their own. Continue reading ‘In Trouble with Your Mortgage? So Are a Lot of Experts’

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