Download or read book Underwater written by Chris Lauer and published by Apress. This book was released on 2014-03-01 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just about every month, housing values in the U.S. fall. That, in turn, increases the number of people who owe more on their houses than they are worth—either trapping them in homes they may no longer want or putting them in danger of financial catastrophe if they lose a job or are otherwise unable to meet the mortgage. Underwater: Options When Your Mortgage Is Upside Down offers valuable advice to homeowners on ways they can unload a house they no longer want, save a home from foreclosure, or undergo foreclosure and start anew. The book offers smart advice from lawyers, bankers, real estate agents, personal finance experts, and homeowners who have seen the foreclosure process firsthand, as well as those who have been able to save their homes through loan modifications and other creative methods. Those faced with tough choices will find invaluable guidance to help them make well-informed decisions while managing the emotional fallout each brings. Many of the eleven million people in the U.S. now facing the “underwater” dilemma wonder: Is staying put the only option? What if I can’t pay the monthly mortgage bill? Can I save my home? Underwater: Options When Your Mortgage Is Upside Down outlines the options—when foreclosure is a good idea, how to best protect the equity you've built up, the financial repercussions of going into foreclosure, strategies for renegotiating a loan, taking advantage of government programs designed to keep you happily housed, and more. Veteran financial journalist Chris Lauer provides the facts, ideas, and advice that can help any underwater homeowner—especially those facing foreclosure—make smart decisions for a better future.
Download or read book Underwater Mortgage written by Kelly Archer and published by AuthorHouse. This book was released on 2011-12 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Kelly Archer is a southern California short-sale specialist. His wealth of knowledge bleeds into his desire to help others through difficult economic times. Kelly has a true understanding of how negatively the economic crisis has affected millions of Americans. He applies his experience and attention to each case whether it be a short-sale or any other service the client may be in need of, always mindful of the concerns and worries of the client. Kelly Archer has worked in the industry since 1983 he has done and seen all the possible scenarios when it comes to construction, and the real estate market. He started working in the construction field with his father, who was a land developer; then went on to getting his contractors license, ultimately taking over his fathers company. Kelly found that he had a burning desire for something more. This brought him to the conclusion that it would benefit him as well as his clients, to get his brokers license, and to open up a real estate office in southern California. He found that in today's economic market, with the knowledge he possessed, he could possibly assist them by leading them along the gruesome path of near homelessness, to living in a comfortable home that was within their means. Kelly has even taken it a step further and written a book that will teach people how this truly can be done. Written in a way that is easy to understand and is amazingly feasible to duplicate, giving his readers hope and a light at the end of the tunnel. By far the most important read for those suffering and in fear of losing their homes, and having no answers as to where to turn. Kelly just may have the answer you have been waiting for!
Download or read book The Secret To Selling An Underwater Mortgage written by Teshan Lewis and published by BookCountry. This book was released on 2013-10-28 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get satisfying answers to questions about how to get out of an underwater mortgage. The big secret is revealed, and the sneaky industry tricks are uncovered! I will even name the company that can help.
Download or read book Underwater Home written by Brent T. White and published by Createspace Independent Publishing Platform. This book was released on 2010-11-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An emotional and practical guide for the underwater homeowner ... explains when it makes financial sense to stay in your underwater home and when it makes sense to get out ... explains your options and gives you the facts that will empower you to make the best decision for your family, free from guilt and fear, and with clarity, confidence, and peace of mind"--Page 4 of cover.
Download or read book How to Sell a House When It s Worth Less Than the Mortgage written by Dwan Bent-Twyford and published by John Wiley & Sons. This book was released on 2009-03-03 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the wave of refinancing in recent years, and the fall in home values, in 2009 about 12 million homeowners and investors will be "underwater"--owing more than their property is worth. This book explains all the options for these homeowners who are trapped with houses they want to get free from, people whose property value has dropped so low that they can't sell the property, people whose mortgage payment has adjusted and now they can't afford the property. In addition to offering advice on subject to's, rentals, leases, loan modifications and more...the book will teach America how to short sale their own home.
Download or read book Underwater written by Ryan Dezember and published by Macmillan + ORM. This book was released on 2020-07-14 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Bruss Real Estate Book Award His assignment was to write about a real-estate frenzy lighting up the Redneck Riviera. So Ryan Dezember settled in and bought a home nearby himself. Then the market crashed, and he became one of the millions of Americans who suddenly owed more on their homes than they were worth. A flood of foreclosures made it impossible to sell. It didn't help that his quaint neighborhood fell into disrepair and drug-induced despair. He had no choice but to become a reluctant and wildly unprofitable landlord to move on. Meanwhile, his reporting showed how the speculative mania that caused the crash opened the U.S. housing market to a much larger breed of investors. In this deeply personal story, Dezember shows how decisions on Wall Street and in Washington played out on his street in a corner of the Sunbelt that was convulsed by the foreclosure crisis. Readers will witness the housing market collapse from Dezember’s perch as a newspaper reporter. First he’s in the boom-to-bust South where a hot-air balloonist named Bob Shallow becomes one of the world’s top selling real-estate agents arranging condo flips, developers flop in spectacular fashion and the law catches up with a beach-town mayor on the take. Later he’s in New York, among financiers like Blackstone’s Stephen Schwarzman who are building rental empires out of foreclosures, staking claim to the bastion of middle-class wealth: the single-family home. Through it all, Dezember is an underwater homeowner caught up in the mess. A cautionary tale of Wall Street's push to turn homes into assets, Underwater is a powerful, incisive story that chronicles the crash and its aftermath from a fresh perspective—the forgotten, middle-class homeowner.
Download or read book Default Costs and Repayment of Underwater Mortgages written by Jan K. Brueckner and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores an overlooked phenomenon in mortgage markets: repayment of underwater mortgages. Since repayment in this case requires the borrower to use out-of-pocket funds along with the proceeds from the house sale to settle the loan, it may appear unattractive and even irrational. But if the borrower's negative equity is less than the cost of default, which includes credit impairment and possible guilt, repayment of an underwater mortgage is a wealth-maximizing strategy. The paper shows that such repayment indeed occurs, and that it is affected by the same factors commonly used in previous studies of default: the magnitude of home equity and the borrower's credit score, which captures default cost. An increase in either variable raises the likelihood that the underwater loan is terminated by repayment rather than by default. In addition, the paper also generates an estimate of the magnitude of default cost, showing that it rises with borrower credit worthiness, a finding that is new to the literature.
Download or read book Secondary Mortgage Market written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development and published by . This book was released on 1984 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Walk Away written by Michael R. Bang and published by Fastpencil Incorporated. This book was released on 2011-10 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Homeowners are being foreclosed on at a rate not seen since the great depression in the 1920's. Many of us are one paycheck away from not being able to make a mortgage payment. Housing prices are now lower than they were in 2008, you've cut all you can to keep your home. Now the terrible realization hits as you realize if you lose income you cannot even sell your home because you owe more than it would sell for. Fear grips you and your family. Where will you live if you lose your home? Miss a payment and every phone call, door bell ring or piece of mail sends that terrible adrenaline rush through your veins, your heart pounds. You feel powerless to continue on as if your world is spiraling out of control. You can take your power back, live a happy life and feel joy again. It's law that when you seek happiness, you get it. This book is a must read for anyone who has felt these emotions. It answers your questions in simple terms and tells you how to use the same laws to take your power back and move on to a happy fearless life. The author takes you through his own personal experiences and shows you how to navigate the legal system. A must read for homeowners, and anyone in the housing industry. Truly inspiring and informative.
Download or read book How Cities Will Save the World written by Ray Brescia and published by Routledge. This book was released on 2016-06-03 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities are frequently viewed as passive participants to state and national efforts to solve the toughest urban problems. But the evidence suggests otherwise. Cities are actively devising innovative policy solutions and they have the potential to do even more. In this volume, the authors examine current threats to communities across the U.S. and the globe. They draw on first-hand experience with, and accounts of, the crises already precipitated by climate change, population shifts, and economic inequality. This volume is distinguished, however, by its central objective of traveling beyond a description of problems and a discussion of their serious implications. Each of the thirteen chapters frame specific recommendations and guidance on the range of core capacities and interventions that 21st Century cities would be prudent to consider in mapping their immediate and future responses to these critical problems. How Cities Will Save the World brings together authors with frontline experience in the fields of city redevelopment, urban infrastructure, healthcare, planning, immigration, historic preservation, and local government administration. They not only offer their ground level view of threats caused by climate change, population shifts, and economic inequality, but they provide solution-driven narratives identifying promising innovations to help cities tackle this century’s greatest adversities.
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2011 with total page 1520 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Download or read book Nominations of Karen Dynan and Richard G Frank written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2014 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Real Estate Transactions written by Robin Paul Malloy and published by Aspen Publishing. This book was released on 2023-09-14 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: A user-friendly introduction to real estate law and the market factors that shape basic transactions, providing accessible coverage, enriching practice applications, structured perfectly for a one-semester course on real estate transactions. This concise and user-friendly casebook provides students with the tools necessary to understand real estate transactions in a real-world market setting. Real Estate Transactions is accessible to students with no prior background in real estate or business and coverage includes many real property and contract law materials tested on the Bar Exam. Multiple practice applications are included in every chapter to provide a bridge to “real world” law practice and preparation for assessments of lawyering skills (like the MPT). It also features cases and materials that reveal ethical and professional responsibility issues that allow students to see professional ethics in a real-world context. This integrated approach to explaining the market and ethical constraints on transactional real estate lawyers includes clear and concise explanations on each topic. New to the Sixth Edition: Two new co-authors: Andrea J. Boyack and James J. Kelly, Jr. Updated cases and text, including material on recent legal developments. Discussions of impactful current events, including the long-term impacts of the COVID-19 pandemic. Updated materials on market changes affecting real estate. New and improved problems in every chapter. Material on the evolving concerns about social justice. Professors will benefit from: Practice application problems that increase in difficulty with each section. Structured to balance theory and practice by emphasizing what successful transaction lawyers do daily. Multiple assessment opportunities allow for flexible grading approaches, enable students to demonstrate mastery of the material prior to the final exam, and can generate written responses that provide important information about student learning.
Download or read book Eminent Domain and Economic Growth written by Joaquin Jay Gonzalez III, and published by McFarland. This book was released on 2018-05-12 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eminent domain is integral to a government’s legal ability to take private property for a public purpose. If used correctly, the owners are paid the fair market value for their property, few citizens are inconvenienced and everyone benefits. Bad-faith abuses of eminent domain typically make the front pages of news outlets, and receive news coverage from television stations, in cities throughout our nation. To educate citizens and prevent future abuse, this book exposes both the good and the bad aspects of government’s ability to use their power of eminent domain to acquire private property.
Download or read book Strengthening the Housing Market and Minimizing Losses to Taxpayers written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing, Transportation, and Community Development and published by . This book was released on 2013 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Certain Expiring Tax Provisions written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 2013 with total page 1244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Underwater Mortgage written by Bud Gragg and published by Createspace Independent Publishing Platform. This book was released on 2010-10-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Underwater Mortgage: How to Survive Your Sinking Ship While Keeping Your Sense of Humor by Bud and Kristin Gragg gives you all the help you need to make the right financial decision now for you and your family. Power-packed with tips, tricks, and techniques available only here, The Underwater Mortgage can keep you afloat and save your financial peace of mind. The authors teach you how to put all the cards on the table and, most importantly, stack them in your favor. Their book documents their experience-from the rise of their significant portfolio (over $24 million in investment real estate), through the economic perfect storm, and ultimately how they got their family to higher ground.
