MoneyUnder30.com

The Consequences of Walking Away From a Mortgage

I hope this post doesn’t apply to you. That is, I hope you’re not in---or at risk of---foreclosure. We all know there are still a lot of foreclosures out there. As a Realtor, it’s especially obvious. Every time I drive to one of my short sale listi … [Read more...]

Mortgage Underwater? Here Are Your Options

So, was 2005 the year that you dove in and bought your first house? How much do you wish you had had a crystal ball back then? Don’t be too hard on yourself: NOBODY had the ability to see the future and nobody knew just how bad the housing i … [Read more...]

How to Buy a House at Auction: Can You Really Get a Home for 50 Percent Off?

You’ve heard the stories and seen the ads. Perhaps you even know somebody who bought a home for cheap at a foreclosure auction. Now, you’re thinking about buying a home of your own. You have CASH from savings or an inheritance. And you’re … [Read more...]

Bank Owned Homes: Should You Buy a Foreclosed Property?

Bank owned homes are still flooding our nation’s real estate market. For buyers who can handle risk, some are incredible deals. But if you’re gearing up to buy your first home, take a hard look at whether buying a foreclosed property is a good idea. … [Read more...]

Is a Short Sale Right For You?

Are you or someone you know having trouble paying a mortgage? You’re not alone. Millions of Americans are still grappling with the fallout from the recent recession. And for many, that means falling behind on mortgage payments. If you’re starting t … [Read more...]

Young and Upside Down on the Mortgage: What Would You Do?

Embattled real estate markets and soaring foreclosures aren't just affecting middle-aged Americans; there are plenty of young people who bought early at the wrong time. True, young homeowners have less invested in a home and plenty of time to rebuild … [Read more...]

Beware Loan Modification Scams

Loan modification companies are sprouting up left and right to take advantage of embattled home owners at risk of foreclosure. If this includes you; watch out. Some loan modification companies are nothing but down and dirty scams. … [Read more...]