Did you know a HOA (a Homeowners’ Association) can seriously get in your way if you let them?
Archives for August 2010
HARP: All You Have to Do is Ask? The Pitfalls of Government-Backed Mortgage Refinancing
Record low interest rates are no good if you can’t get the lender to give you the time of day let alone a new mortgage. Government-administered home refinancing programs are mired in red tape. There are two of them right now and none is working. Here is what awaits you and how to avoid trouble.
IMPORTANT UPDATE: In early November 2010, a federal judge granted a La Jolla homeowner by the name of Kaveh Khast his motion for a temporary restraining order…
HAMP (…ered) Recovery and the Flood of Foreclosures: Why Banks Can’t Lose
The Home Affordable Modification Program (HAMP) was supposed to stem the flood of foreclosures. The idea was quite reasonable: by making mortgage payments more affordable, HAMP was to keep families in their homes and by doing so help revive the real estate market. Too bad it is not working.
