Category Archives: HELOC Payment

Try a Loan Modification

If you can’t afford your monthly mortgage payment and you can’t refinance, a loan modification may keep you in your home. The Making Home Affordable program, announced by the Obama administration in March, aims to reduce borrowers’ monthly payments to no more than 31% of their pretax income.

However, only homeowners in very specific circumstances qualify. [...]

Homeowners Get A Lifeline

Millions Of Borrowers Are More Likely To Qualify For Help.
Home values have plunged to their lowest levels since 2004, according to First American CoreLogic. And at the end of 2008, one in five mortgage holders owed more than their house was worth. That’s why, even with tantalizingly low interest rates, many homeowners haven’t been able [...]

To Survive, Cut Overhead and Sell Property

For the past three months, we’ve been working with a stone quarry business in rural Pennsylvania. We’ll call it “Rock Solid Inc.,” although it is anything but. This company quarries multiple types of stone for the construction industry. If you have a summer house on the Jersey Shore and want nice big red stones around [...]