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Avoid Getting Hooked By A Foreclosure-Related Scam

There are lots of people out there willing to victimize people in financial difficulty--especially when their troubles become part of public record. Beware of offers involving signing over your deed to someone else who promises to sell your home for you--whether

Great News House votes to eliminate 'Phantom Tax'

The U.S. House of Representatives voted on Thursday to get rid of a tax burden for home owners who have had a loan forgiven or foreclosed on their home because they were unable to make their mortgage payments. Its called the Mortgage Cancellation Tax

Foreclosure,Pre-Foreclosure...Definition

With increasing number of foreclosure, bank owned homes you may run into the following terms while searching for your dream home. Here are the top ones with their definition. There tend to be three stages in foreclosure process. These periods are known

How to Avoid Foreclosures and Keep Your Home

You're not alone if you're having trouble paying your mortgage. The housing boom led to a record homeownership rate of nearly 70 percent, but some homeowners now face problems making their mortgage payments and can't refinance their loans.