The government has just launched a site MakingHomeAffordable.gov to help homeowners who are struggling with their mortgage payments. If you’d like to refinance but are having trouble because of the current value of your house, there is a Home Affordable Refinance program that will help you determine if you’re eligible to refinance but only if [...]

If you look through homes for sale in Malden, MA or in any city you’ll see that there are many being sold “subject to third party approval”. What does this mean? The current owner is having trouble paying their mortgage and the house is no longer worth as much as the mortgage is. They have [...]