Avoid Foreclosure Scams by Watching for Warning Signs

On June 20, 2011, in Equity, by Justin Velthoen

At a time when so many homeowners face property ownership difficulties, foreclosure scams are a real concern that should make even the most desperate homeowner take caution when looking for assistance. Dishonest financial counselors often make promises they canít keep, request information that isnít relevant to the foreclosure process, and charge unnecessary up-front fees, all […]

How Private Mortgage Insurance Impacts Your Mortgage Payment

On June 10, 2011, in Equity, by Justin Velthoen

Take a close look at your mortgage statement and youíll see a breakdown of the items that ultimately determine your monthly mortgage payment. In addition to the principal and interest portion of your payment, as well as escrow installments that go toward your property taxes and homeownerís insurance, you might notice an item called PMI. […]

Avoid Probate to Avoid Property Headaches

On June 6, 2011, in Probate, by Justin Velthoen

The natural assumption might be that probate court exists to settle ownership disputes following a property ownerís death. While itís true that probate court does handle such cases, more often than not, probate is largely a clerical process. Nobodyís disputing property ownership, nobodyís arguing the interpretation of a will. But it can be a pricey […]

Home Foreclosures On The Decline. How can you avoid one too?

On June 1, 2011, in Foreclosure, by Justin Velthoen

Notice of Trustee Sale (Home Foreclosure) filings in Arizona plummeted nearly 28 percent in from March to April. Foreclosure filings in California fell to their lowest point since the housing market bottomed out in the fall of 2008. And Notice of Default filings in Nevada dropped nearly 18 percent from March to April. Are these […]