Hope for Homeowners Act of 2008; Who does this help in Maryland?
July 30, 2008 by Admin · Leave a Comment
It’s official: The Hope for Homeowners Act of 2008 has been signed by the president and now we shall see who this helps. For struggling homeowners in Maryland, here’s a quick breakdown of the criteria to qualify: In order to apply for this program, you must: Have a loan originated prior to 2008 Be paying [...]
Foreclosure Prevention Workshop in Waldorf on May 9th!
May 8, 2008 by Admin · Leave a Comment
Housing Foreclosure Prevention Workshop. With increasing distress over the slumping housing market and mounting foreclosures, Rep. Hoyer has announced a free foreclosure prevention workshop to brief homeowners on their financing options and assist them in taking steps to avoid foreclosure. The workshop, which will include the participation of many of the [...]
Understanding the Foreclosure Auctions
February 22, 2008 by Admin · Leave a Comment
The Washington Post just posted an article titled: "Foreclosure Auctioneer’s Lonely Task". It’s an interesting read, even if it’s a bit theatrical. There was a quote in there that I found particularly striking: "Banks don’t want your house; they want your money. They want to work with you so you can keep your house. With [...]
Maryland Foreclosure Prevention Event!
February 22, 2008 by Admin · Leave a Comment
If you’re currently at risk of foreclosure in the state of Maryland, there’s a big event that you should be at! March 5th is the date, and the Showplace Arena in Upper Marlboro, MD is the location! Here’s the skinny: Prince George’s County is sponsoring the event, along with [...]
Another "Finger in the Dike" Solution to the mortgage crisis: Project Lifeline
February 12, 2008 by Admin · Leave a Comment
Project Lifeline has been formally announced, and it’s being touted as another way for homeowners to avoid foreclosure. Like it’s counterpart, Hope Now, Project Lifeline is another "relief" program designed to soften the economic impact of the sub-prime mortgage crisis. Here’s what was announced on the AP News Wire: Homeowners threatened [...]
Worried About a Short Sale? Good News!
Are you in the midst of a short sale, or about to do one, and worried about the associated tax burden that goes along with it? There’s so good news for you, thanks to a bill signed yesterday, the first GENUINE relief for homeowners trying to avoid foreclosure. Yesterday, President Bush [...]
Southern Maryland Foreclosures are Big News in the Maryland Independent
December 12, 2007 by Admin · Leave a Comment
I recently contributed a bit of commentary to the Maryland Independent for an article they were writing on foreclosures in the region. I was excited to find this morning that the story was in fact FRONT PAGE news and the remarks I made featured prominently. Self promotional remarks aside, I am [...]
Avoiding Foreclosure- Why it Matters and How To Do It!
November 28, 2007 by Admin · Leave a Comment
Are you falling behind on your mortgage payments? Are you at risk of losing your home because that pesky arm has made your payments impossible? There IS hope for people out that who are at risk of losing their home. If you’re worried about foreclosure, here’s a few important things to do to help you [...]
