Economy
by Charles Feldman
| October 29, 2006
Not exactly a good time to own a mortgaged home in Weld County,Colorado, especially if you have an adjustable rate mortgage and are now facing escalating payments.
CBS News reports that the county is leading the entire country in foreclosures, 1 in every 168 households. That, says CBS, is 700 (that’s seven HUNDRED) percent higher than [...]
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Foreclosures
by Joshua Dorkin
| October 3, 2006
It looks like pending foreclosures from adjustable rate mortgages are affecting lower income people more then the rich, explains Al Tompkins at Poynter Online. Tompkins looks at recent stories in the St. Petersburg Times (Florida) and Winston-Salem Journal (N.C.) which illustrate this quite clearly.
Black homeownership is falling in Louisville, Kentucky according the the US [...]
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Are There Really Other Offers Coming in on this Property?
by Joshua Dorkin | April 28, 2007I was recently reading a discussion on our forums, where someone asked “How can you know for sure if someone is really making another offer? What if this happens…is there anything you can do?” There were some good responses on the forums, but I wanted to share a little story about a situation I [...]