Category Archive for: ‘Homeownership’

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  Strategic Default: Is It Ever OK To Walk Away From Your Mortgage Even If You Can Afford It?

  Every where you turn there’s a new mortgage program out there for people unable to afford their mortgage for a variety of reasons.  Homeowners are spread thin, often a mile wide and an inch deep when trying to cover all of the costs associated with [...]

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  Renters vs Buyers: 6 Reasons Why Renters Win!

  Most people see buying a home as a part of the “American Dream”, well for most it’s become a nightmare.  Buying a home is pretty much the best way to throw your money away and here’s why.  Renters win because they have the flexibility that [...]

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  Mortgage Modification Options: HAMP vs HARP vs HAFA (Avoid Foreclosure!)

  Countless homeowners are underwater with no real understanding of their options for a loan modification or refinance.  In fact, many are facing foreclosure and unsure what their next move should be.  Do I  allow the property to foreclose or get a loan modification?  Do I [...]

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  Grab These Tax Credits Before 2010 Is Over

  Manny Davis is a tax blogger and tax accountant, who provides assistance to taxpayers facing an IRS tax levy, tax lien, and other IRS tax problems. Feel free to visit his tax blog for additional tax tips. Homeowners looking to lower both their winter heating bills [...]

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  Is the 30 Year Mortgage Obsolete? I Think So + Canada’s Mortgage Model Examined

  I’ve been quietly watching different outlets discuss the possibility that the 30 year mortgage might just be out of touch with 21st century reality:  People just don’t stay in their homes for 30 years anymore thus making this American dream a nightmare for many. |Aside: [...]

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• Relocating And It Feels So Good!

  That’s right!  Operation move back to NOVA is in full effect!  Yesterday day the man and I decided that it would be best if we moved back to Northern VA.  I miss it terribly and so now starts the process of getting our home rent [...]

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• Debunking the Myth That You Need 20% Down to Buy a Home

  We all know conventional financial wisdom tells us we should put 20% down on a home, but I’ve always found it difficult to grasp hold of that theory especially now. I moved to DC in 20003 when the real estate boom was in full swing. [...]

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