I am looking into buying a home that is close to or going into foreclosure. "The bank will entertain a short sale." Is there a way to find out how much is owed on the house so I can make a make an educated offer. more…

All I see anymore is people looking for handouts. from corporate to individual bailouts. to people looking for the government to take care of them. for everyone thinking that they have the right to own a home. Here is what the american dream really is has been "The American Dream can be described as a belief in the freedom that allows all citizens and residents of the United States of America to achieve their goals in life through hard work. Today, in America it generally refers to the idea that one's prosperity depends upon one's own abilities and hard work, not on a rigid class structure" It means that if you work hard enough, you can achieve what you want in life. Unforunately, I think people have concluded that you should be allowed to get everything in life without the need for hard work. Do a quick scan through the personal finance section here and you will find half of them are people looking for how to fix bad credit, make money quick, how to stop a foreclosure. more…

My ex-wife wants to take full responsibility of the house that foreclosed. I need to know the best wording to use so that it relieves me of any financial obligation linked to the home. Our decree was finalized about a year ago but I was told by the court we can enter in an additional agreement. Anyone have any ideas? Respondent testifies that she is the sole person responsible for the foreclosure of the residential property located at (address). We signed an official court agreement on November 20, 2006, which stated that we were in agreement to sell the property. In the state of Arizona this document is considered to be binding Pursuant to Rule 69 of the Arizona Rules of Family Law Procedures. Respondent did not act upon the order to sell. Respondent moved back into the residence on December 1, 2006, hoping to pull it out of Foreclosure. Petitioner tried to list the property and making appointments for the residence to be shown to potential buyers. Respondent declined to show the property or to sell it as the court had ordered. Respondent is responsible for the foreclosure of the property; Petitioner. did everything in his power to get this residence sold. However, Respondent did not cooperate in a way which allowed for the property to be sold. Petitioner is hereby formally relieved of any financial obligation linked to this account. I represented myself in court.. I am trying to buy a new home but they said they just need a court order that relieves me from the home. The bank already sold the house and got the money. My new lender just wants something from the court that is an official document that says that my ex-wife is to be responsible and that I have no financial obligation linked to the home more…

I have two homes in California. I live in one and the other one is a rental property. If i short sale/foreclosure, will the bank be going after the other home? more…

Is any a good deal or is it a mistake? To buy. more…

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Tags: home equity loan, foreclosure

Open Question: How do you figure out how much money is owed on a foreclosure?
I am looking into buying a home that is close to or going into foreclosure. "The bank will entertain a short sale." Is there a way to find out how much is owed on the house so I can make a make an educated offer.
Source: _http

Open Question: My ex-wife wants to take full responsibility for the foreclosure of our house…..?
My ex-wife wants to take full responsibility of the house that foreclosed. I need to know the best wording to use so that it relieves me of any financial obligation linked to the home. Our decree was finalized about a year ago but I was told by the court we can enter in an additional agreement. Anyone have any ideas? Respondent testifies that she is the sole person responsible for the foreclosure of the residential property located at (address). We signed an official court agreement on November 20, 2006, which stated that we were in agreement to sell the property. In the state of Arizona this document is considered to be binding Pursuant to Rule 69 of the Arizona Rules of Family Law Procedures. Respondent did not act upon the order to sell. Respondent moved back into the residence on December 1, 2006, hoping to pull it out of Foreclosure. Petitioner tried to list the property and making appointments for the residence to be shown to potential buyers. Respondent declined to show the property or to sell it as the court had ordered. Respondent is responsible for the foreclosure of the property; Petitioner. did everything in his power to get this residence sold. However, Respondent did not cooperate in a way which allowed for the property to be sold. Petitioner is hereby formally relieved of any financial obligation linked to this account. I represented myself in court.. I am trying to buy a new home but they said they just need a court order that relieves me from the home. The bank already sold the house and got the money. My new lender just wants something from the court that is an official document that says that my ex-wife is to be responsible and that I have no financial obligation linked to the home
Source: _http

Riesberg to host foreclosure forum Saturday (Greeley Tribune)
Rep. Jim Riesberg, D-Greeley, will host a community forum Saturday to help residents at risk of losing their homes to foreclosure.
Source: www.greeleytrib.com

Open Question: What do you like the most about Senator McCain?
1. Mostly, I like the fact that Sen. McCain is proud to be an American (and I am proud of him). 2. Sen. McCain won't raise taxes (YOUR hard-earned money stays in your pocket instead of giving it to the government). 3. Sen. McCain will protect Americans around the world and at home. American soldiers will become the background of the fighting, while the Iraqi forces will take the foreground. Our soldiers will eventually stay as peacekeepers and protectors of Americans abroad - as they are in many of the places around the world). 4. Sen. McCain has a strong idea to save family homes from foreclosure. (Clinton's 5 year freeze on what the gov. charges the mortgage lenders has nothing to do with mortgage lenders adjusting the rate to us - the consumer, and as for Obama, he hasn't a clue except to attack Sen. McCain for coming up with a plan). 5. Sen. McCain may be a Republican, but he wants the party to go back to its basic fundimentals - not the was Bush treated it. Sen. McCain knows and respects, and is respected by Democrats in both the House and Senate. He has actually worked with them, and can do so for the better of America when he, Sen. John McCain, become your President of the United States of America. 6. Sen. McCain is honest. 7. Sen. McCain has foreign policy experience, and is well-respected by current foreign leaders with whom he has recently met. 8. Sen. McCain wants to keep jobs in America, and not see them go overseas, so he has a tax incentive plan for businesses to keep jobs here. Sen. McCain wants to financially help individuals to retrain for new jobs after losing jobs to foreign competitors such as the automobile and computer manufacturers. 9. Sen. McCain wants to eliminate the government's road tax during the Summer (Memorial Day to Labor Day). This would save us 18 cents per gallon, and diesel truckers would save 28 cents per gallon. The deisel tax savings would keep costs down due to delivery expenses of goods and services. 10. Sen. McCain lives against the corruption of the system. He could easily earmark millions of dollars for Arizona (like Clinton and Obama have for their states), but he hasn't asked for $1.00 because it's OUR money they take. He doesn't take money from Special Interest Groups because he doesn't want to be in their pocket (like Clinton and Obama have).
Source: _http

Open Question: What is the difference between a home that is a repo and a foreclosure?
Is any a good deal or is it a mistake? To buy.
Source: _http

Open Question: If i have two properties and short sale/foreclose one property, will the other property be affected?
I have two homes in California. I live in one and the other one is a rental property. If i short sale/foreclosure, will the bank be going after the other home?
Source: _http

The Youngest Victims Of Foreclosure (CBS News)
In the midst of the foreclosure crisis, families are being re-located all over the country. But what happens to the youngest victims who find themselves uprooted? Kelly Cobiella meets one family who experienced just that.
Source: www.cbsnews.com

Tags: home equity loan, foreclosure