Foreclosure Fraud

July 28, 2010

 
 
We hear about mortgage fraud and title fraud but what in the world is Foreclosure Fraud. Foreclosure Fraud is an attempt by unscrupulous individuals or companies to deceive homeowners of distressed properties. Homeowners facing foreclosure are at their most vulnerable state emotionally and financially. These unscrupulous predators know that this is the time to take [...]

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Down Payment Assistance Update

June 24, 2010

No more 100% financing… No more First Time Buyer Tax Credit… No more move up buyer tax credit… What is a buyer in the Atlanta market to do? Currently there are several different programs that offer grant funds that can be used for down payment assistance. The nice thing about these grants is that they [...]

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Reverse Mortgage In Atlanta Part Five

December 11, 2008

Reverse Mortgage Frequently Asked Questions
What is a Reverse Mortgage?
A reverse mortgage is a loan against your primary residence that you Do Not have to repay for as long as you live in your home. Through a reverse mortgage you turn the equity in your home into cash without having to sell your home or repay [...]

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Reverse Mortgage In Atlanta Part Four

December 8, 2008

As was stated in Part Three, everything about a Reverse Mortgage can’t be just perfect. There have to be some aspects of a Reverse Mortgage that may not be as desirable as on other mortgage products. Let’s examine what some of the downsides and pitfalls may be.
High Fees and Closing Costs
Fees and closing costs are [...]

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Reverse Mortgage In Atlanta Part Three

December 6, 2008

Before we dig any deeper into Reverse Mortgages lets review what we have covered so far. In Part One we found out what a Reverse Mortgage is, what the requirements are for obtaining a Reverse Mortgage, how not to be taken advantage of and using a Reverse Mortgage for the purchase of a home. In [...]

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Reverse Mortgage In Atlanta Part Two

December 5, 2008

In Part One of this series we examined what a reverse mortgage is, what you need to do to qualify for one, the code of ethics a respectable lender will adhere too and being able to use a reverse mortgage to purchase a home. In this article let’s dig a bit deeper and examine how [...]

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Reverse Mortgage in Atlanta Part One

December 4, 2008

Recently there has been a considerable amount of conversation regarding the Reverse Mortgage. Today I had the opportunity to attend a continuing education class totally on Reverse Mortgages. Due to some misunderstandings by myself among many others I thought it my responsibility to provide the facts and let you the educated consumers decide if this [...]

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Georgia Runoff Election for US Senator

November 19, 2008

December 2nd is a very important day in this year’s election. There is a runoff between Saxby Chambliss and Jim Martin due to neither candidate obtaining a majority of 50% plus 1 vote to win in the general election on November 4th. I normally do not post articles voicing opinions about politicians especially since this [...]

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Credit Repair in Atlanta

October 15, 2008

So you are tired of paying some one else’s mortgage and you want to buy a home but you have been told your credit just won’t allow you to. Let me see if I can guess the way the conversation went. You filled out a mortgage application and the person electronically accessed your credit report. [...]

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Down Payment Assistance Getting CPR

September 11, 2008

While lying on it’s death bed it appears as though Seller Funded Down Payment Assistance may well be getting a reprieve. As many of you know, the Housing Stimulous Act of 2008 did away with Seller Funded DPA. Representative Al Greene (D-TX) has introduce H.R.6694 in the House of Representatives. This bill provides for the [...]

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