Posts Tagged home ownership

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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