mortgages

The Math of Foreclosure Bailouts

by Alison Moore Smith on May 2, 2010 · 17 comments

Foreclosure rates have been skyrocketing and are expected to continue to rise through the end of the year. This is a tragedy. While I have never lost a home myself, some close relatives have. Just a few weeks ago the folks who lived across the street from our lot were forced to move due to [...]

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Construction Loan Landmines

by Alison Moore Smith on September 24, 2009 · 12 comments

Before we can dig the hole, we’ve got to secure a construction loan. No matter how good our credit is, no matter how big our down payment, no matter how secure our income, this step has always just been nerve-wracking to me. It keeps me up and night and gives me ulcers. Mostly, I suppose, [...]

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