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Many home owners are stuck with a home that they cannot (or will not) sell in today’s market of falling home prices. They are looking for creative solutions and we have written many articles in the past about creative solutions to today’s real estate problems.
Today’s solution is a bit “out there” because it won’t be [...]
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I was asked recently by a reader, via email, what my thoughts were on reverse mortgages. My initial response was that I did not have much experience with them and that I would need to know more information before I could give a valid response.
So I’ve done a little reading. It turns out that the [...]
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I have a friend who has fallen on hard times, and he owns home that is (was) worth well over $1M. Like most Americans, he has the home pretty well leveraged, in fact owing much more on it that it is worth today. As you can suspect, his moral is low right now and he [...]
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