With all the chatter about the housing market of today, there is considerable thought being put into whether or not renting or buying is better with the economy the way it is. While some consumers may consider renting in order to save money and the hassle associated with today’s home loan processes, renting may not [...]
With the tough economic situation the country is undergoing, consumers need to make a lot of decisions with great care and full understanding of the ramifications of those decisions concerning their financial life. One such major decision involves whether or not to refinance an existing mortgage to capitalize on monthly savings. Choosing to refinance a [...]
Despite the value of homes decreasing rapidly, the amount people pay for their property taxes are increasing. Since property taxes are based on the assessed value of homes, this discrepancy makes very little sense! The National Taxpayers Union has estimated that about 60% of all properties are over-assessed and paying taxes that are too high [...]
With many seniors struggling to make finances work during their retirement years, many are worried about what options they have to stay financially stable without being taken for a ride. In the past, reverse mortgages were a questionable move that left individuals in more financial trouble than where they started. However, recent changes to how [...]
Homeowners across the nation have been on high alert since the beginning of the foreclosure crisis. Millions of families have already witnessed first hand the devastating effects resulting from the economic downturn. Unfortunately the full impact of subprime fiasco has yet to be felt for all homeowners. High unemployment rates continue to cause problems for [...]
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