In the real estate world, there was one word -- repeated three times
Is it smart to walk away from your mortgage if your house is worth less than what you owe?
Over the next two years, consumers may feel like an
More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81 percent increase from 2007, with the worst yet to come.
What warning signs should one look for when purchasing a foreclosed or short sale property?
WASHINGTON (AP) — The National Association of Realtors says pending home sales fell to the lowest level on record in November, as the plummeting stock market and faltering economy caused buyers to put their purchases on hold.
Sales of existing homes plunged far more than expected last month as buyers recoiled from October's financial wreckage on Wall Street. The median sales price fell by the largest amount on record.
Department of Housing and Urban Development Secretary Steve Preston recently announced what he said was a "mammoth leap forward for the consumer." So what does this mammoth leap entail? It's an overhaul of the good-faith estimate used during the mortgage lending process.
Democrat Barack Obama proposed more immediate steps Monday to heal the nation's ailing economy including a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.
Before You Buy a Home - Look at Eight Reasons to Buy a Home