The single most expensive payment most families have each month is their house payment. A good rule of thumb is to spend no more than 25% of your take home pay on your mortgage payment, but many Americans exceed this limit. This may be because most people take into consideration
Most family’s biggest monthly expense is their house, and when money gets tight it can be scary to think that you may not be able to keep your house. Fortunately, there are options for lowering your mortgage payment, and if you are able to take advantage of one of these
Mortgage loan modifications gained a lot of popularity during the last Presidential administration, because there was a record number of foreclosures in the country and America was facing a major housing crisis. Part of the problem was that homeowners from coast to coast owed more than what their home was
When you think back to the time you bought your house, you probably remember having to fill out a lot of forms and provide a lot of documentation. There is no doubt that buying a home is a detailed process, once which includes a lot of paperwork. So if you
If you are behind on your mortgage payments, or just having a hard time making your house payment each month, you might be a candidate for a mortgage loan modification. The way it works is that your mortgage loan is rewritten, to more favorable terms. The term modified the most
Clients frequently ask that question of Dsouza and Strachan Lawgroup. However, the answer depends upon many factors, and each individual’s legal situation is different; as such, we review the facts on a case-by-case basis.
A bankruptcy filed too early could result in the loss of property, which otherwise might have been retained. A