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Mortgage Loans

Mortgage Rates Drop: What to Know Before You Refinance

According to the Mortgage Bankers Association, there has been a surge in mortgage refinance applications as homeowners try to take …

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Squatters Unite!

Did you see the story about Kenneth Robinson, the man in Texas who is squatting in a McMansion worth $350,000 …

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underwater-feature

Feel like you are drowning under your mortgage? Millions of Americans are “underwater” on their home loan, meaning …

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To Save Mortgages, Should We Share Them?

It’s been almost five years since the housing bubble burst. And still the long sought-after recovery is nowhere in sight. …

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Underwater On Your Home Option 6: Bankruptcy

This is the final installment of my six-part series on possible ways to deal with an “underwater” home. To read …

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Underwater On Your Home Option 5: Walk Away / Foreclosure

In this series, Underwater on Your Home? I describe six possible options available to you if you are underwater on …

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Underwater on Mortgage Part 4: Short Sale

In this series, I detail six possible ways to deal with an “underwater” home—one that’s …

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Underwater? Negotiating a Settlement On a Second Mortgage

CoreLogic has found that 38% of homeowners with second mortgages (including home equity lines of credit) are “underwater,” or …

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Gerri_ShortSales_feature

Q: I am in the process of closing on a short sale on my primary residence. I owed the …

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Underwater On Your Home Part 3: Get a Loan Modification

In this series, I detail six possible ways to deal with an “underwater” home—one that’s worth less than the amount …

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