Tag Archives: homeownership

Money Columnist Opens Up About Personal Debt

New York Times economic columnist Edmund L. Andrews got real with his readers this week and shared an enormous secret: Even personal-finance experts aren’t immune to poor money management. In an article adapted from his upcoming book, he explains how easy it was for him to get in over his head in debt, starting with [...]

Mortgage Scams Proliferate in Hard Times

When newspaper headlines focus on the mortgage crisis and foreclosure rates, crooks’ ears tend to perk up. And that means more and more people are getting sucked into mortgage scams. Because government foreclosure documents are public record, many homeowners are receiving personalized letters filled with false promises of hope. The people who fall for these [...]

Staying Afloat in the Economic Storm

Making monthly mortgage payments is getting harder and harder for many homeowners.  As the AP recently reported, home foreclosures increased by 81% last year.  Thankfully, Philip Brewer at WiseBread.com suggests six possible options for homeowners who are having trouble making their monthly mortgage payments. One such possibility is renting the house out: If you can [...]