Wednesday, January 14, 2009

Starting Over: Real Opportunities in 2009


2008 was one of the toughest, most volatile years our financial systems have ever experienced – but we don't have to tell you that. In some way or another, everyone has felt the effects of this global financial crisis. So, let's skip the painful details. Let's avoid as well the impossible task of trying to predict the end of it, and let's try something different. Let's spend the first month of 2009 looking at solutions to the mortgage and real estate markets – actual viable solutions that you can use right now to help turn things around. If you're a homeowner or looking to be one in 2009, click this link to read the rest of the article. You'll be glad that you did.


By the way, the link leads to a newsletter provided by a great lender, and our niece, Janette Whitlock. She does business in Norfolk, Virginia. If you're in that area and need mortgage assistance, please contact her.

Monday, January 12, 2009

Foreclosure Scam

The San Jose Mercury News reported yesterday about a scam in San Diego having to do with homeowners having financial problems, and to avoid foreclosure they gave money to the scammers to buy "land patents" that would make their homes sovereign nations. The scammers led the distressed homeowners to believe that once their property was not part of the United States, authorities, including agents from their financing companies, could not legally enter their property to foreclose.

Turns out it’s not true. These poor distressed homeowners found cash money to give to the scammers, but it in no way positively affected their condition.

How does this happen?


You tell us.