Posts Tagged ‘Owner-occupier’

Help for people during the housing crisis

Even if your family isn’t having mortgage trouble, you probably know one that is: One in five homes on the market is a foreclosure, a record 200,000 foreclosures are occurring each month, and existing U.S. home sales have hit a 10-year low. Money coach Lynnette Khalfani-Cox helps three families solve their home-ownership dilemmas.

“We’re stuck with a home we can’t sell.”
— Michelle and Tom Magnetti

Michelle is a 28-year-old recruiter for the Department of Defense; Tom is a 31-year-old new-home-sales consultant; they have a daughter, Giuliana, 11 months.

Read Lynnette’s advice on Redbook.com

Related Questions:

How can I recognize a foreclosure rescue scam?

If you’re a cash-strapped homeowner, an offer to modify your mortgage or help you avoid foreclosure no doubt sounds tempting. After all, you may be behind on your home loan. Credit card bills could be past due, as well. And you’re likely struggling just to make ends meet.

But when someone comes along promising to help you save your home, how do you know whom to trust?

Fortunately, there are reputable organizations available to help financially troubled homeowners – as well as some telltale signs that can tip you to a foreclosure rescue scam.

Article continued on AOL Real Estate

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Disclaimer

All information on this blog is for educational purposes only.  

Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney.

If you need specialty financial, investment or legal advice, please consult the appropriate professional.

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