Category Archives: Homes
Bankruptcy Might Offer a Better Way for Chicago Homeowners to Stop Foreclosure
The good news: almost a quarter of a million homes have received lower mortgage payments since the inception of Obama’s foreclosure relief program last year. The bad news: not all of the modifications will last. A rising number of homeowners are defaulting despite receiving cheaper mortgages. Defaults almost doubled last month alone, according to the… Read More »
Atlanta Homeowners Might Find Better Foreclosure Relief with Bankruptcy
What you see is not always what you get – at least when it comes to mortgage modifications, say Atlanta bankruptcy attorneys. At first glance, the government’s foreclosure relief program looks like it’s finally doing some good. Nearly 230,000 mortgages have received modifications through the program so far, according to the New York Times. But… Read More »
Chicago Homeowners Might Be Able to Lower Property Taxes with Assessment Appeal
Maybe you can’t lower your mortgage – but what about your property taxes? As much as 60 percent of homeowners are paying thousands more in property taxes than they need to, according to Msnbc.com. Why? Their property taxes are being assessed based on the value of their home before the housing bubble burst. Property taxes… Read More »
Assessment Appeals Can Lower Property Taxes for Atlanta Homeowners
If you’re looking for ways to save money, your house may hold the solution. No, I’m not talking about refinancing or selling – I’m simply talking about property taxes. Roughly 60 percent of homeowners are paying property taxes that are based on home values from several years ago, according to the National Retail Federation. That… Read More »
Bankruptcy Might Yield Better Savings Than Paying Down the Mortgage for Chicago Residents
A mortgage payment is the biggest bill most Chicago residents pay each month. So with mortgage rates at the lowest they may ever get – around 5 percent – now might seem like a good time to bullet and pay off your home loan early, if you can afford it. But for most of us,… Read More »