OPED: Don’t fall victim to reverse-mortgage con
A reverse mortgage will cause you to lose your equity. The cash flow you accept, perhaps 20 percent to 50 percent of your home's value, will be all you ever get by the time the bank owns your home.
A reverse mortgage will cause you to lose your equity. The cash flow you accept, perhaps 20 percent to 50 percent of your home's value, will be all you ever get by the time the bank owns your home.
According to Zacks, “Great Ajax Corp. is a real estate investment trust which acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. The company invest in loans secured by multi-family residential and commercial mixed use retail/residential properties. Foreclosure News
Who's out there fighting for you? When you go to vote, and you have to choose between a Democrat and a Republican, ask yourself which one is going to fight harder for you. For essentially every American – other than those at the tippity-top of the economic pile, perhaps – that simple question has a…
Toronto's current real estate boom shares one thing in common with the red-hot housing market in the late 1980s, recalls real estate veteran Karen Millar. “Prices were escalating and everybody was worrying how were they going to afford it, how were their kids going to afford it,” said Millar, now a senior real estate specialist…
Five days a week, eight hours a day, Karen Chaney stands at a Walmart cash register, working a full-time job at 67 to make sure she can stay above water financially and keep her East Oakland house. “It's hard,” Chaney said as she sat on her living room sofa on a recent day off. Foreclosure…
Like so many stories of early California, Inverness had its birth in an almost incomprehensible maze of land disputes, sales, foreclosures, swindles and lawsuits. After the judicial dust had cleared in 1857, attorneys arguing the disputes, Oscar and James Shafter, ended up owning a large portion of the Point Reyes peninsula. Foreclosure News