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Escaping From An Adjustable Rate Mortgage Is Not Easy
The Bergen Record has an interesting article about the difficulties property owners are facing trying to refinance adjustable rate mortgages into fixed rate loans. Many people are now in foreclosure because they took interest only mortgages that kept their beginning mortgage payments artificially low. Many of these “ARMs” are now resetting and the mortgage payments […]
More On Foreclosure Rescue Scams – Be Careful Who You Trust
Business Week has posted an article on foreclosure rescue scams. The bottom line here is that homeowners should stay away from unlicensed real estate speculators, especially those who are “doorknockers.” Many of them will outright lie to a homeowner to get their deed. Instead, consult a licensed attorney with foreclosure experience for help.
Escaping From An Adjustable Rate Mortgage Is Not Easy
/in Foreclosure & Loan Mod Blog /by Scott LaninThe Bergen Record has an interesting article about the difficulties property owners are facing trying to refinance adjustable rate mortgages into fixed rate loans. Many people are now in foreclosure because they took interest only mortgages that kept their beginning mortgage payments artificially low. Many of these “ARMs” are now resetting and the mortgage payments […]
More On Foreclosure Rescue Scams – Be Careful Who You Trust
/in Foreclosure & Loan Mod Blog /by Scott LaninBusiness Week has posted an article on foreclosure rescue scams. The bottom line here is that homeowners should stay away from unlicensed real estate speculators, especially those who are “doorknockers.” Many of them will outright lie to a homeowner to get their deed. Instead, consult a licensed attorney with foreclosure experience for help.