From the category archives:
As someone who went through a foreclosure without using a Lawyer, my experience is a bit biased. But with millions of homeowners underwater, and many facing foreclosure, the demand for foreclosure lawyers has skyrocketed.
What would a foreclosure lawyer do?
If you are the home owner, a foreclosure lawyer would help you determine your options: modifying the [...]
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I talked with a loan officer from my bank a few weeks back just to explore the idea of being able to buy a place of my own again some day. The initial meeting actually went much better than I expected, but then again, most meetings with commissioned based salespeople start off well : ) [...]
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I really am not one to give predictions….but I’ve been following the Option ARM news for some time…and it’s darn scary.
If you don’t already know, the Option ARM was a fancy mortgage that allowed borrowers to pick their payment each month. Typically the options were: negative am
I subscribe to Dr. Housing Bubble Blog. Hands down [...]
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Wow, the dearth of bad news continues. The S&P 500 hit it’s lowest point in 11 and a half years.
Ouch. Ouch. Ouch.
Good news for homeowner’s facing foreclosure though, Fannie and Freddie are suspending evictions until after the holidays.
This is such a weird, almost twilight zone episode like time for me. I won’t lie, I [...]
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Sometimes I think I’m a trendsetter.
But not in good ways. Right now you can’t watch any news program without hearing about rising debt levels and thousands of people losing their homes to foreclosure.
Hmmm…that definitely sounds like me circa late 2006-early 2007. It seems like such a long time ago, but really, it was a [...]
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A women in Massachusetts killed herself and was found in her home 90 minutes before her foreclosed home was to be auction off. From the Boston Globe,
Police say that Balderrama shot herself Tuesday afternoon 90 minutes before her foreclosed home on Duffy Drive was scheduled to be sold at auction. Chief Raymond O’Berg said [...]
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After short selling my home last year, I faced a pretty big problem:
Where the crap am I gonna sleep?
While I avoided the house going to auction, I lost my place to stay. I was lucky enough to still have an office floor to sleep on, and a car that I stayed in a few times [...]
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Wow. That was really embarrassing.
Really…..embarrassing. I wasn’t expecting that at all.
I went to sleep for a few hours around 5:30am this morning, hoping to sleep about 4 hours, and then start the week off in the office. Around 8 though I’m awakened by footsteps outside the back of my deck.
I look out, and someone is [...]
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The last few weeks I’ve been bombarded with letters/postcards/fliers all offering to “help” me in my foreclosure situation. The sad part is that alot of people will get taken in by some of these sharks. I’m not saying all these are from scammers, but just reading the ad copy on some of them makes me [...]
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The last few months have been a big change for me. My whole thought processes on money and wealth have been completely transformed. In good ways I believe. I’ve also been actively trying to revive my life outside of work. When I think about the last two years (when I was trading allot), I can’t [...]
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