Last year, home prices in the U.S. jumped 4.2%, and mortgage rates are stuck around 6.8%, according to Freddie Mac. For someone like my friend Maria, who’s been pinching pennies for a down payment, that’s enough to make homeownership feel like a pipe dream. But then she stumbled across something called a purchase money mortgage, […]
I’ll never forget the look on my friend Sarah’s face when she told me she’d just sold her old townhouse for a tidy profit. Over coffee, she spilled her excitement—and her stress. “My new mortgage payments are killing me,” she said, “but I love my low interest rate. Is there a way to make this
The U.S. mortgage market is a whopping $11 trillion, and regular folks like us are finding ways to dip our toes in by promoting mortgage services online. I’ve always thought it’s pretty cool how you can share a few tips about home loans and end up with some extra cash rolling in, especially in a
I still remember the first time I stumbled into the world of foreclosures. It was years ago, sitting in a beat-up coffee shop, overhearing two guys griping about a house down the street heading to auction. I didn’t know much then, but I knew enough to think: There’s got to be money in this. Turns
I’ll never forget the knot in my stomach when a buddy of mine called, voice shaking, saying the bank was about to take his house. He’d missed a few payments, ignored the letters, and now he was staring down the barrel of foreclosure. “Is it too late to stop foreclosure?” he asked me, half hoping
Picture this: it’s 2008, and my uncle’s flipping through a stack of mail when he pulls out a foreclosure notice—bold letters, legal jargon, the works. His house, the one he’d poured years into, was on the chopping block. “Do I need a lawyer?” he asked me, voice shaky. Back then, I didn’t know squat about
Back in the early 1990s, the U.S. housing market took a nasty dip—think savings and loan crisis, when over 1,000 banks tanked and folks started losing homes left and right. Short sales weren’t even a blip then; foreclosure was the only word anyone knew, a blunt axe chopping through lives. Fast forward to 2025, and
Did you know that back in the Great Depression, pre-foreclosure wasn’t even a term most folks knew? By 1933, nearly half of all U.S. home loans were in default—banks were grabbing houses left and right, no warning, no mercy. Families got blindsided, whole towns gutted. Fast forward to 2025, and things have shifted—pre-foreclosure’s now a
I’ll always remember the day my neighbor knocked on my door, eyes red, holding a crumpled notice from the bank. It was early this year—2025—and she’d been scraping by after a medical bill blindsided her. “They’re taking my house,” she said, voice barely above a whisper. Foreclosure wasn’t just a word anymore; it was her
Back in 2008, foreclosure wasn’t just a word—it was a tidal wave. I was a kid then, watching my uncle’s neighborhood turn into a ghost town—half the houses empty, “For Sale” signs flapping in the wind. The stats stuck with me: over 3 million homes got hit that year, banks snatching properties like it was
