Monday, November 23, 2009

Mortgage Upside Down?

As brokers we're seriously constrained in our ability to offer advice or suggestions as to how to handle burdensome mortgage payments, a mortgage balance exceeding the home value, the appropriateness of a "short sale" or "deed in lieu". Not because we don't know the answers, but because we don't want to wind up in court and lose our license for "practising law without a license". So! Our mission is to offer as much help as possible in all areas of real estate; sales, purchase, finance, and general guidance, removing as much fear as possible and saving as much money as possible for our friends and clients. That's why our web site is so rich in information, Free credit reports, home valuation data bases, MLS listings, mortgage information. For the growing problem of people being "underwater" in their mortgages we have added a link to an article written by Brent T. White, a law professor at the University of Arizona. You will find it exhaustive in detail and certainly adequate to allow you some intelligent decision making. We believe that information and knowledge provide power. You're entitled. The link is HERE
Just click "Download" and then "SSRN"
Hope this is helpful to you.
As usual,
thanks for visiting

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