Many people know that till recent past Citibank borrowers had no hope if they needed a loan modification. But with the efforts of the present government, Citibank loan modification has become feasible for their customers. However it is only before a year or two that the borrowers who could not repay their Citibank home mortgage loan had no other option left than face foreclosure. The government has changed the way lender and borrowers look at...more
The present real estate meltdown is being lead by subprime adjustable mortgages. The writing on the wall became clear in 2001, but no one heeded the warning. In 2005, the infection exploded the real estate bubble and here we are. While many experts do not agree with this administration's attempt to stop the bleeding, some people like Warren Buffet give tacit support. He writes, "Commentary about the current housing crisis of ignores the crucial...more
If you've taken out a mortgage over the past few years, you may find that you are 'under water.' No, you're not SCUBA diving. Being 'under water' means that the value of your home is less than the current value of your mortgage - you owe more money to the bank than today's appraised value of your home. This can occur for many reasons and it's well-documented that home values have declined in the past two years. If you're having trouble paying your mortgage because you've lost your job, are in too much debt or have had to take a pay cut, Wells Fargo Loan Modification could be very helpful in getting you out of the red and back in the black.Get prepared by doing three things:1. Develop a short history that describes how you got into this situation. Keep it focused on what happened. For example, "I lost my job a year ago and have used up my savings trying to keep up my mortgage payments. I'm now two payments behind and my unemployment will expire in the next 60 days. My husband's income as a teacher is $3,000.00 per month before taxes - not enough to cover our payments and all expenses." The format should be a short letter - keep it to no more than one page.2. Make a complete list of...more
Chase Loan Modification can help you through this tumultuous financial time. If you have been struggling to pay your mortgage, for unforeseen circumstances, you may contact your bank, in my case, Chase Bank, for what is called a loan modification.It is similar to a refinance, but for individuals who have seen a sudden financial setback, such as a...more
Millions of homeowners facing foreclosure are being rescued through Obama's Federal Loan Modification. Part of the Federal Stimulus Package, this program provides assistance by modifying existing mortgages and providing a lower monthly payment. The program has been funded with 75 billion dollars.Who will benefit? What qualifications does one need...more
Whenever you deal with real estate, there are people that should be able to help with that task. You cannot transact with real estate properties all by yourself. This help comes in the form of real estate agents. These agents are people that are ideal for dealing with clients, whether they are potential purchasers or owners of existing property that you would like to purchase. It is also a fact that when transacting with real estate, there is involved a huge amount of money. Because of that, you need to make sure that you are entrusting your transactions to a person whom you could trust the most. This means that you should not just choose any real estate agent: you need to find the one that can help you the most and not cause you problems.Here are six tips that you should remember when choosing a real estate agent:Make careful research. Do not make decisions right away after meeting two or more agents. You should exercise prudence, and patience. This means that you have to meet and consider a lot of agents before you make up your mind on which agent would best be suited for your transactions. Ask a lot of questions. When interviewing an agent, be sure to have a lot of questions at...more
If you are in the marketing for new office space, then let the people at Officefinder assist you. They are the leading online experts when it comes to helping businesses relocate. Whether you are looking to buy, lease, or rent, Officefinder will work...more
Started in 1995, OfficeFinder is the place to go when you are looking for office space for leasing, renting, or buying. Presently, they are the leading online referral site for information on office space of all sizes, big and small. Similar to...more
For all of us, the home is very important. While we could live for a while on property that we rent or lease, nothing beats the feeling of owning a home. With this home, we can do everything we want. We can remodel it to look like what we envision it...more
Due to current economic conditions, there are a lot of existing properties that you can acquire and allow you to get a sizeable profit. Depending on how much you are willing to spend, the returns of the transaction make it very much worth your...more
Investment in residential properties in India is a sure means of high returns. Real estate market on the whole has been on the upswing in India for the past several years barring the recent slump in the backdrop of the world economic meltdown. ...more
There are a lot of reasons why youre thinking of selling your home, but the bottom line is you somehow need the money. Unlike other properties, the value of your house can generally increase over time, as you build equity and as it undergoes good...more