Posts Tagged Cory Shrader

Home Financing in a Foreclosure-Heavy Market

In today’s housing market, foreclosures are at a high that hasn’t been seen since 1979. Seven percent, or roughly one of every 11 homes, is currently in foreclosure. According to the Mortgage Bankers’ Association, 6.35 percent of homes are in delinquency but not yet in foreclosure. The housing crisis is happening everywhere — from Indiana [...]

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Buying And Selling a Home During a Credit Crunch

As President Obama is taking office, many people who had hoped to buy a home in 2008 or 2009 are stressing as to whether a bank will be found, which will finance a home purchase. The TARP bill (Troubled Assets Relief Program of 2008) was intended to secure bad assets in our banking institutions, in [...]

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Understanding The Due On Sale Clause On Your Home Mortgage

The “Due On Sale Clause” is among the most frequently misunderstood and most-feared legal terms in American contractual law. In this article, we are going to take a look at what it is, what it is not, and how to avoid violating it. What Is The Due On Sale Clause? On nearly every home mortgage [...]

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