Archive for March, 2009
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How to pay off a $330,000 mortgage with a reverse mortgage.
Here’s how in 7 simple steps: Be 62 or older and have a home with current value exceeding 5,500. Have a desire to no longer make mortgage payments (anymore) for as long as you live in your home (a 0,000 loan carries a 30 payment at 6.25% that you would no longer …
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Advisory Issued On Mortgage, Florida Foreclosure Scams
TALLAHASSEE, FL – Attorney General Bill McCollum has issued a consumer advisory on mortgage fraud and foreclosure-related scams. Noting that Florida now ranks first in the nation for the number of home foreclosures, the Attorney General encouraged Floridians to educate themselves about the various types of mortgage fraud and learn about the foreclosure process to [...]