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. […]

How Making Homes Affordable Is Helping Homeowners

On May 4, 2011, in Equity, by Justin Velthoen

As the housing market bottomed out in 2009, and more and more people across the country began falling into foreclosure, President Barack Obama and the Departments of the Treasury and Housing & Urban Development stepped in to help. The result was the Making Home Affordable program, a chance for homeowners who were struggling with high […]