Tag: Mortgage

[ad_1] Whether, one is looking, to purchase a new home, and/ or, feels it is in his best – interests, to refinance, for whatever reason (for example, other financial need, seeking better rates, etc), it’s important to carefully choose/ select, the best mortgage banker, for you! Since, each of us, is different, and, the combination… Continue reading What To Seek In A Mortgage Banker?: 6 Priorities

[ad_1] New York law provides that judgments, as well as first and second mortgages, act as liens against real property. That means that once a judgment is filed against a client, it acts as a lien against their real estate, along with a mortgage or a Home Equity Line of Credit (“HELOC”) lien on the… Continue reading When Can You Strip Away A Second Mortgage In Bankruptcy?

[ad_1] Its no secret that thousands of people around the country and in Arizona are losing their homes to foreclosure. One of the biggest issues I deal with as an Arizona real estate lawyer handling foreclosure-related cases is the question of what happens with a second mortgage or home equity line of credit after the… Continue reading Arizona Foreclosure Law – What Happens With My Second Mortgage When The First Mortgage Forecloses

[ad_1] By all accounts, reverse home mortgage growth is set to explode. Baby boomers are reaching retirement and, for most, home equity makes up the largest part of their nest egg. Reverse mortgages will be the tools that many of these retirees will use to tap into this nest egg for retirement living expenses. The… Continue reading Five Reverse Home Mortgage Scams to Watch Out For

[ad_1] Private money loans are also known as hard money and it comes from private lending companies who offer loans to home buyers to buy a specific asset. Generally, home buyers often find these lenders by engaging a real estate investment club in their area. These loans are often secured by home investors. But unfortunately… Continue reading Cons and Pros of Private-Mortgage Loans

[ad_1] After my interview on FOXbusiness.com yesterday with Jenna Lee, Connell McShane and Dagen McDowell, it was clear from the e-mails that there are many people dealing with catastrophic issues in paying their mortgages and, of great concern, many are waiting on government intervention to solve the problem. Although we hope to have answers and… Continue reading Dealing With Mortgage Delinquency

[ad_1] Most people, especially, first – time homeowners, take advantage of a mortgage, in order to participate, in what is generally considered, a major component of the American Dream, which is, owning a home, of your own. When one proceeds wisely, and learns, as much as possible, about the options, alternatives, differences, and considerations, between… Continue reading 4 Essential Mortgage Considerations