Don’t Ever Buy Thoughtlessly or you will have DEBT. If you review your spending patterns you will see that you did not think twice about many of your purchases. As a result you ask yourself down the road, why did I purchase ***? In the past I have written about changing your mind set before [...]
trust
Everyone knows what a mortgage is–it’s the document giving a bank collateral for the loan used to buy your home and letting it foreclose if you don’t pay. But here in Maryland (and a number of other states, like California), we don’t see mortgages very often. Instead, lenders use something called a “Deed of Trust”. [...]
Does this story sound familiar? A homeowner is struggling with his mortgage payment and wants to work something out with the lender to avoid foreclosure. He has read in his local newspaper that lenders have pledged to help distressed homeowners in these difficult times, and so he calls the loan servicer (whom he thinks is [...]
