When the recession hit, many homeowners across the country turned to loan modification programs as a means of lowering their mortgage payments and holding on to their homes. Government programs helped many Florida homeowners obtain a mortgage modification they could...
Month: May 2014
Tips for Florida residents looking for debt relief
Debt can be a serious issue for families. It has plagued Americans long before and long after the recession. The recession certainly made more Florida residents aware of their debt and caused some to look for ways to reduce that debt. Any Florida resident still...
While economy improves, Florida still leads home foreclosure
There are many economic indicators that tell experts what is going on with the economy as a whole nation and in specific parts of the country. One indicator is the home foreclosure rates in certain areas. While the national outlook for the housing market is improving,...
Student loan debt surpasses credit card debt and others
Whenever people are just starting out, getting out of college and venturing into the workforce, they may be starting out with a lot of debt under their belts already and are unsure how to handle the newfound debt. For Florida young adults and others, there may be...
Mortgage modification program scrutinized in Florida
For those who struggled through the recession and fell behind in their mortgage payments, there were and still are various programs out there to turn to for assistance. Through mortgage modification programs, homeowners who fell behind in their mortgage payments were...
As home foreclosure rates wane, buyers in Florida use cash
The housing boom and then collapse has had a ripple effect across the country. Florida was particularly hit hard, and many homeowners still struggle to avoid home foreclosure. When home foreclosure was inevitable, a large number of properties flooded the market. Those...
Burt Reynolds Florida home stuck in home foreclosure
When people think about those who struggle with home foreclosure, they may picture the downtrodden or someone who has struggled to make ends meet for a significant amount of time. However, it must be noted that the threat of home foreclosure can happen to almost...
Home foreclosure rates falling, good news for homeowners
The recovery of the housing market has been slow and steady across the country, though not without a few setbacks here and there. However, there is good news to be found with the latest home foreclosure statistics. While some areas in Florida and elsewhere continue to...
Avoid scams when avoiding home foreclosure
When the threat of home foreclosure is looming, it is typically a time of upheaval and uncertainty. The complexities and stress of avoiding home foreclosure can make someone more vulnerable to scam artists. While most Florida homeowners are adept at figuring out the...