Shocking, I know, but another government program is proven to be a failure. A recent paper published by Jonathan Brogaard & Kevin Roshak, both of Northwestern University, Kellogg School of Management, shows that (1) contrary to the purpose of certain stimulus...
We are always looking for ways to give Mesa AZ foreclosure help. Here are a couple of new programs in Arizona available to homeowners to help them stay in their homes if they are having difficulty making their mortgage payments. Save My Home AZ are federal government...
Recently it was reported that about 50% of all home loans in Arizona are currently at or near negative-equity. This means that the balance owed on about half of all home loans in Arizona is at most only 5% greater than the home's value. More significant though, most...
As is common today, thousands of homes that are being foreclosed are occupied by renters. Investors who buy these homes at the foreclosure auction generally only have one objective: to flip the property and make a quick profit. If a renter is occupying the property...
In our practice we have consulted with countless clients whose homes are currently worth substantially less than the outstanding balance of their loans and who are having a difficult time paying their mortgage for one reason or another. During these consultations, we...
