Passover

Holiday commemorating the Hebrews’ liberation from slavery in Egypt and the “passing over” of the forces of destruction, or the sparing of the firstborn of the Israelites, when the Lord “smote the land of Egypt” on the eve of the Exodus....

A little history about Easter

A little history about Easter: Easter, which celebrates Jesus Christ’s resurrection from the dead, is Christianity’s most important holiday. It has been called a moveable feast because it doesn’t fall on a set date every year, as most holidays do....

28 Going GreenTips

Can also save you money too. Every little bit is a step to help save the earth. If you want to learn more about the tip then just click on the link (if available) to go to a page that will elaborate on the topic. Change to Fluorescent Bulbs – If every house in...

HELP with Homeowner Government Programs-Updates starts April 5, 2010

To simplify all of the confusion, “Hope” and “Making homes afordable” programs are broad names that encompus the specific options listed below. The specific program options are the following: (click on specific program for details) HARP HAMP 2...

IRS tells homeowners how to get tax relief if a lender forgives part of their debt

Generally, the Internal Revenue Service (IRS) treats debt forgiveness by a creditor as taxable income.  However, under federal legislation that took effect in 2007, certain home mortgage debt cancellations–such as loan modifications, short sales, or...

Coming soon: National Homeownership Retention Program Update

On March 24, 2010, Bank of America announced enhancements to the National Homeownership Retention Program to modify the mortgages of qualified homeowners who are experiencing financial hardship. The National Homeownership Retention Program is already available to...

Government Program Will Pay Homeowners to Sell Home "Short Sale" at a Loss

In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave. This latest program, which will allow owners to sell for less than they owe...

Home-Saving Loans Afoot Pressure is growing on U.S. banks to ease terms for distressed homeowners

Home-Saving Loans Afoot Pressure is growing on U.S. banks to ease terms for distressed homeowners on home-equity loans and other second-lien mortgages. Rep. Barney Frank, chairman of the House Financial Services Committee, last week sent a letter to the four biggest...

How to save on your existing home mortgage

Homeowners wanting to pay off their mortgage earlier than planned can do so by making extra principal payments. One extra full principal and interest payment a year will reduce a 30-year loan to about 17 years, and adding the following month’s principal payment...