Foreclosure

Thumbnail image for Are you ready to walk away from your mortgage?

Are you ready to walk away from your mortgage?

The stock market has enjoyed a small bounce the last couple of days, but the real estate market will take a little longer to recover. A lot of people have seen the value of their homes drop by 30-40% over the last couple of years, and with job layoffs at their highest in decades many [...]

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Thumbnail image for Five for Friday! – February 27, 2009

Five for Friday! – February 27, 2009

Last Friday I mentioned that I was glad to have gotten to the end of a rocky stock market week. I was hoping that this week, I would be able to say that the stimulus package was working and confidence had returned to Wall St. Unfortunately, I am glad to be getting to the end [...]

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The Crisis Of Credit

One of the great things about the blogosphere is the large number of blogs that there are to read. Each blog has its own style and content, which allows you to uncover a vast amount of information. As with most things, you can’t simply believe everything you read, but the majority of the information you [...]

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Buy and Bail?

I have heard of “bait and switch”, but I have never heard of “buy and bail” until today. I did a quick google search and found a lot of information on this very dishonest practice. Here is one article that explains everything in very simple terms. What would make people think this is ok? Somehow [...]

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