August 29th, 2008
Some of the most common sale pitches of today from new homebuilders goes something like this: “You buy in we buy down 4.125% APR * A New Car * Huge Buyer Incentive * Special Financing “ or “$10% Agent Bonus”
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August 27th, 2008
Most Americans have no clue about the state of their credit until they try and apply for an apartment, credit card, car insurance, loan, and in some cases, employment. It is a good thing to know what credit scoring is, what crediting scoring can do for you, and most importantly what credit scoring can do [...]
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August 22nd, 2008
IndyMac Bankcorp Inc. was a prolific mortgage specialist that helped fuel the housing boom by issuing home loans with minimal documentation requirements to borrowers. Last month, federal regulators swooped in and seized the California-based banking institution after it became the third largest regulated thrift to fail in U.S. history. It is now operating as IndyMac [...]
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August 20th, 2008
A lot of hard lessons have been learned in recent years about buying homes in boom-to-bust real estate markets. With all the “bad news” about the real estate market in Las Vegas such as high foreclosure rates, declines in residential construction and decelerating property values, this is still good reason to smile. It’s a buyer’s [...]
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August 15th, 2008
The record number of foreclosures caused by deceptive and costly option ARMs and 2/28 and 3/27 mortgages is driving the current mortgage crisis and pushing the economy toward recession. But there’s good news for homeowners in dire financial straits from adjustable-rate mortgages.
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