Not Enough Home Loan Modifications – According to Obama Administration
Though the Home Buying Institute Q&A service, I’ve received a lot of questions about home loan modifications — most of them from homeowners struggling to keep up with their mortgage payments. I’ve noticed a trend. A lot of mortgage companies are not living up to their “big talk” about home loan modifications for their customers. They put out press releases about...
Read MoreHow Much is My Home Worth In the Current Economy?
A lot of homeowners are curious to know how much their homes are worth in the current economy, and it’s easy to understand why. The subprime mortgage crisis has caused home values to drop all over the country. In certain areas, such as California and Florida, values have dropped considerably. Millions of homeowners are underwater in their mortgages, meaning they owe more than the home is...
Read MoreNo More Organic Farming – If HR 875 Becomes Law
Organic farming could very well become a thing of the past. That is, if House Resolution 875 gets passed into law. Introduced by Ted Kennedy, Dick Durbin and others (and created by powerful lobby groups), this bill would essentially outlaw organic farming by requiring the use of chemical pesticides. Do you like having organic options when you go to the grocery store? Foods that haven’t...
Read MoreWho Is Eligible for the Stimulus Package – The Real Estate Angle
Who is eligible for the stimulus package and where do we go for help? This is a common question among home buyers and homeowners across the U.S. right now, and it’s easy to understand why. There have been a lot of plans, programs and acronyms announced in recent weeks, and most of them fall under the umbrella of the stimulus package — which has become sort of a catch-all phrase. So in...
Read More