Blog Posts in May, 2017

The Truth About Debt Consolidation

Many individuals consider consolidation when facing overwhelming debt. At first, in can seem like an appealing way to put an end to creditor harassment, maxed out credit cards, and the like. However, for as many “pluses” as consolidation seems to offer, there are just as many – if not more – drawbacks. Before you agree to a debt consolidation plan, make sure you understand what you’re getting ...

What Are My Options If I Owe More than My Home Is Worth?

Nearly 9.7% of all U.S properties during the first quarter of 2017 were “underwater”–meaning the balance of the mortgage is more than the property is worth. According to the report , from ATTOM Data Solutions , that’s a little under 5.5 million properties that homeowners are financially burdened with. Fortunately, there are a couple of options that will not only allow you to keep your home during ...