Historically speaking, the answer to the rent or buy question is that usually it's smarter to buy a house. These are not usual times. The true answer to that question, of course, depends on the indi..

The question of how people stay in foreclosed properties sometimes for years is one with a simple answer. The foreclosure process is designed to take title away from a homeowner for non-payment of the..

If you are paying 40% or more of your paycheck to your mortgage, there is nothing left to invest or to enjoy your life. Here is where it gets worse. Your ARM is designed to trap you into a lifetime of..

Real estate short sales are occasionally offered by banks as an alternative to foreclosure. Depending on the circumstances, lenders may agree to accept a lesser amount than is owed on the mortgage not..

In today's world, taking out a mortgage is necessary for anyone who wants to invest in real estate or simply wants to put a roof over his head. Usually, to find out what a mortgage payment will be on..

Foreclosure rescue, also known as equity skimming or equity stripping, is any of various predatory real estate practices aimed at vulnerable, often low-income, homeowners facing foreclosure in the Uni..

If you have owned a home for any length of time then you know that unexpected expenses arise that require you to use the equity in your home for cash. Doing this is what a mortgage is really about, it..

There is an age-old debate on whether or not it makes more sense for people to rent or buy. Though it is hard to really understand why there is a debate at all. You will definitely hear arguments from..