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Obama's Mortgage Rescue Plan
 
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More than 11 million homeowners are at risk of foreclosure. President Obama rolled out a new plan that he hopes will help 4 million homeowners in the next 3 years. Chip Reid reports.
Views: 1377 CBS News
John Berlau on Obama's Mortgage Rescue Plan
 
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John Berlau, Director of the Center for Investors and Entrepreneurs at the Competitive Enterprise Institute, debates the merits of President Obama's mortgage rescue plan.
Obama's Mortgage Plan Worthless Waste
 
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President Obama came to ground zero of the mortgage crisis--Arizona to announce his plan to help those with distressed mortgages. Now that the details have been released it turns out to be not only a waste--but worthless: http://tinyurl.com/72mj88
Views: 259 beckychr007
Do you Owe More than your Property is Worth?
 
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Are you upside down on your Mortgage? Is your home worth less than you owe? DON'T JUST WALK AWAY! This is the ONLY PROGRAM that removes you from the title - within days!! http://realtycrisis.com
13-Yr-Old Boy Builds Own Home For $1,500
 
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Credits ; - Luke Thill facebook/youtube - Des Moines Register - TinyFest facebook OWNING A HOME IS EASY ONCE YOUR MORTGAGE OR BANK LOAN IS APPROVED. BUT BUILDING A HOME FROM SCRATCH CAN BE INCREDIBLY REWARDING. IT’S WHY SO MANY PEOPLE LOVE TAKING ON THOSE DO-IT-YOURSELF PROJECTS. NOW SOME FOLKS MIGHT CHOOSE TO BUILD A TOOL SHED, WHILE OTHERS WILL BUILD A HOME FROM THE GROUND UP. FORTUNATELY, THE INTERNET OFFERS SEVERAL HOW-TO-VIDEOS TO HELP US FIGURE OUT HOW TO TAKE ON SUCH A CHALLENGE. IN FACT, IT’S SO EASY THAT EVEN A 13-YEAR-OLD CAN DO IT. join us in our second channel..let's help animals together https://goo.gl/fauhmJ OUR Website : http://www.dduknow.com Facebook : https://www.facebook.com/know.of Twitter : https://twitter.com/Did_You_Know_of Instagram : https://www.instagram.com/dduknow -----Audio by Scott Leffler: scottleffler.com For copyright matters please contact us at: support@dduknow.com #did_you_know
Views: 2064688 Did You Know ?
PETITION FOR MORTGAGE MORATORIUM  PART II
 
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The case for needing a mortgage rescue program for homeowners who are ineligible for existing mortgage rescue programs because they cannot meet the income or home value qualifications. Currently 1 in 5 homeowners have an "underwater" mortgage meaning that their home value is less than the loans against it. 1 in 10 homeowners are at least one month behind on their mortgages or already in some stage of foreclosure. By June of 2008, more than ONE MILLION homes in the U.S. were in foreclosure and in the Third Quarter the foreclosure filings doubled over the same period the previous year. More than 10,000,000 Americans are unemployed and this number is rising. Many self-employed individuals have likewise suffered significant business losses on account of the recession. Current mortage rescue packages require the homeowner to qualify financially. Those who have become unemployed or suffered a drop in self-employment income will not likely be able to meet the income qualifications. Existing mortgage rescue programs also require that homeowners are at least 60 days delinquent on their mortgage payments. Many homeowners who are not yet behind on their mortgage loans, but are likely to fall behind due to recent loss of employment or drop in family income, could be spared the significant damage to their credit ratings that reports of mortgage lates result in. A rescue program offering early intervention is needed to help preserve the credit ratings of these homeowners so they do not face additional hardships because of credit denials or high cost of credit due to unavoidable temporary financial hardship. We are petitioning the Congress to immediately enact emergency mortgage rescue legislation to serve these homeowners who have been shut out of other solutions. Find out more at: http://www.mortgagemoratorium.com Sign the petition at http://www.rallycongress.com/mortgage-moratorium. Take it viral. Help get it into the Guinness Book of World Records for most signatures on a petition to the U.S. Congress ever. THIS IS PART II OF 2 VIDEOS. PLEASE PLAY PART I BEFORE VIEWING PART II OF THIS PRESENTATION.
Views: 133 Mimiy2k2
🏡⬇ Housing Bubble and the Great Recession
 
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The Great Recession was initiated by bursting of the housing bubble. But why there was a housing bubble in the first place? Learn Austrian Economics in a fun way! LINKS SUPPORT our project: http://bit.ly/2fgJR9e Visit our website: http://econclips.com/ Like our Facebook page: http://bit.ly/1XoU4QV Subscribe to our YouTube channel: http://bit.ly/1PrEhxG ★★★★★★★★★★★★★★★★★★★★★★★★★★ Music on CC license: Artifact – The Dark Contenent Kevin MacLeod: Artifact – The Dark Contenent – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/by/4.0/) Źródło: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1100324 Wykonawca: http://incompetech.com/ Kevin MacLeod: Brittle Rille - Reunited – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/by/4.0/) Źródło: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1200047 Wykonawca: http://incompetech.com/ Kevin MacLeod: Home Base Groove – na licencji Creative Commons Attribution (https://creativecommons.org/licenses/...) Źródło: http://incompetech.com/music/royalty-... Wykonawca: http://incompetech.com/ ★★★★★★★★★★★★★★★★★★★★★★★★★★ Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!
Views: 50346 EconClips
How To Buy Your Second Investment Property
 
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How should you buy your second investment property so you can be set up for property 3, 4 and 5? If you’ve purchased one property, you may be wondering how should you buy your second investment property. What sort of properties should you be looking at in what sort of area and what’s going to help you get to property number 3, number 4, number 5 and onwards towards financial freedom of whatever it is you’re seeking for yourself. Today, I have with me Ben Everingham from Pumped on Property, my buyer’s agent of choice. And we’re going to talk about this issue of things that you should look for in your second property. Ryan: Hey, Ben. How’s it going? Ben: Hey Ryan. Thanks for having me here. ------------------------------------------- http://onproperty.com.au/346 - View the full transcription and audio version of this episode. http://onproperty.com.au/free - See real positive cash flow property listings
Views: 20850 On Property
President Barack Obama unveiled his $75 billion mortgage relief plan, a series of measures the presi
 
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(18 Feb 2009) HEADLINE: Obama unveils $75 billion mortgage relief plan CAPTION: President Barack Obama unveiled his $75 billion mortgage relief plan, a series of measures the president says will keep 9 million people from losing their jobs. The AP's Julie Pace breaks down the plan. (Feb. 18) [Notes:ANCHOR VOICE] President Barack Obama is rolling out the next step in his multi-pronged plan to revive the U-S economy....a 75 billion dollar program to help struggling homeowners. Obama says the plan will keep nine million Americans from losing their homes to foreclosure. SOT Barack Obama "the plan I'm announcing focuses on rescuing families who have played by the rules and acted responsibly." The plan offers incentives for lenders to lower monthly mortgage payments for millions of Americans who are the brink of foreclosure. It will also make it easier for families to refinance their mortgages if their homes are worth less than they owe. Stand-Up Julie Pace/The Associated Press "Obama's housing plan is more ambitious than originally expected - and more expensive. But with the effects of the crisis reverberating across the financial markets, Obama says the plan is necessary to not only get the housing market back on track." SOT Barack Obama "In the end, all of us are paying a price for this home mortgage crisis. And all of us will pay an even steeper price if we allow this crisis to deepen," But some experts wonder if incentives will be enough to get banks and lenders to act. SOT John Taylor/National Community Reinvestment Coalition "maybe we'll all be pleasantly surprised and see these investors and lenders who weren't willing to move a week ago or thirteen months ago, all of the sudden, through a voluntary program, because of a $1500 fee, willing to do massive modifications. Maybe that will happen. Even so, the president says the plan can't - and won't - help everyone. SOT Barack Obama "it will not rescue the unscrupulous or irresponsible by throwing good taxpayer money after bad loans. It will not help speculators who took risky bets on a rising market and bought homes not to live in but to sell." Funding for the mortgage plan will come from the 700 billion dollar bank bailout passed by Congress last fall. Julie Pace, The Associated Press, The White House You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/938b0332598383163962d13da512f2a7 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 75 AP Archive
The Progressive Income Tax: A Tale of Three Brothers
 
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"The Progressive Income Tax" is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live. Adapted from an article by noted investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy of "General Hospital" and "True Blood" fame, this animated story will change the way you think about how you pay your taxes.  Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Once upon a time, there were three brothers, triplets, named Tom, Dick, and Harry Class. They were raised in the same home, with the same parents, had the same IQ, same skills and same opportunities. Each was married and had two children. They were all carpenters making $25 per hour. While they were very similar in all these respects, they had different priorities. For example, Tom, chose to work 20 hours per week, while his brother, Dick worked 40 hours and Harry 60. It should also be noted that Harry's wife worked full time as an office manager for a salary of $50,000. Dick's wife sold real estate part time 10 hours a week and made $25,000 per year. Tom's wife did not work. Tom and Dick spent all of their family income. Since they paid into Social Security they figured, they didn't need to save for retirement. Harry and his wife, on the other hand, had, over many years, put away money each month and invested it in stocks and bonds. Here's how it worked out: Tom made $25,000 a year, Dick and his wife made $75,000 and Harry and his wife, $150,000. When a new housing development opened up in their community, the brothers decided to buy equally-priced homes on the same private street. One day the brothers decided to pool their funds for the purpose of improving their street. Concerned about crime and safety, and wanting a more attractive setting for their homes, the three families decided to install a security gate at the street's entrance; repave the street's surface; and enhance the lighting and landscaping. The work was done for a total cost of $30,000. Harry assumed they would divide the bill three ways, each brother paying $10,000. But Tom and Dick objected. "Why should we pay the same as you?" they said. "You make much more money than we do." Harry was puzzled. "What does that have to do with anything?" he asked. "My family makes more money because my wife and I work long hours, and because we have saved some of the money we've earned to make additional money from investments. Why should we be penalized for that?" "Harry, you can work and save all you like" Tom countered. "But my wife and I want to enjoy ourselves now, not 25 years from now." "Fine, Tom. Do what you want. It's a free country. But why should I have to pay for that? "I can't believe your being so... unbrotherly," Tom argued. "You have a lot of money and I don't. I thought you'd be more generous." At this point, Dick, the peacemaker in the family, entered the conversation. "I've got an idea," Dick said. "Our combined income is $250,000, and $30,000 is 12 percent of that amount. Why don't we each pay that percentage of our income? Under that formula, Tom would pay $3,000, I would pay $9,000, and Harry would pay $18,000." "I have a much better idea," said Tom. "And one that's fairer than what you're proposing." For the complete script, visit https://www.prageru.com/videos/progressive-income-tax-tale-three-brothers
Views: 4824821 PragerU
U.S. Government's Financial Rescue Plan Costs Less than Projected
 
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For more news & videos visit ☛http://english.ntdtv.com U.S. Treasury Secretary Timothy Geithner says the U.S. government's financial rescue plan will cost about $30 billion. It is considerably lower than what was estimated. U.S. Treasury Secretary Timothy Geithner defended the $700 billion Troubled Asset Relief Program (TARP) on Thursday. He told a congressional panel that the Treasury expected a positive return on its remaining support for banks, automakers, credit markets and American International Group (AIG). Geithner said the U.S. government's financial rescue efforts will cost less than 1 percent of gross domestic product, considerably below past systemic crises. [Timothy Geithner, U.S. Treasury Secretary]: "These programs achieved their objective at a fraction of their cost that almost any observer predicted , even as recently as three, six , nine months ago." The Treasury's most recent all-in cost estimate for TARP, including expected gains from AIG investments, is about $30 billion, down from a previous estimate of $350 billion by the Congressional Budget Office. He said the U.S. economy and financial system have not yet recovered from the crisis, with the unemployment rate still near 10 percent and small businesses still having difficulty accessing credit. [Timothy Geithner, U.S. Treasury Secretary]: "Now the government's financial programs including TARP were not designed and cannot solve all those problems and cannot on their own solve all the damage caused by the crisis. But these programs do what they had to do, what they were designed to which was to protect the value of America' savings, to restore a measure of stability to the financial system at the edge of collapse, re-open access to credit and to restart economic growth." He said the housing market also remains weak, and the Treasury is continuing to use mortgage finance giants Fannie Mae and Freddie Mac to apply downward pressure on rates.
Views: 432 NTDTV
Why you need a Reverse Mortgage in your plan
 
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As a Senior who owns a home it is more important today to make a plan for the future and have a Reverse Mortgage in that plan for the your golden years
Views: 23 bigtrobbins
If I owe more than my house is worth.. what can I do?
 
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Real estate tips from Derek Ebrecht of GREEN LIGHT REALTY. Information is provided by "It's Time to Move Up", the real estate resource for consumers who want their questions answers in ways they can understand. Derek specializes in foreclosure homes and foreclosure homes only. For more information please visit www.greenlight-realty.com or www.itstimetomoveup.tv.
Views: 8061 Ruben B. Austria
Rick Santelli and Why We Should OPPOSE the Obama Mortgage Plan
 
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The one video everyone should see on what the Obama Administration is up to. Rick santelli's reaction to the Obama Mortgage Plan. I could not agree more. If you don't agree with this video, you are likely a socialist!! Please pass this video along to friends and family!!!
Views: 4278 JML0328
Dont walk away from your home when you can REFI
 
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Dont walk away from your home when you cant REFI or afford the payment of a ARM loan.
Views: 1055 charlieejr
An honest look at the personal finance crisis | Elizabeth White
 
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Millions of baby boomers are moving into their senior years with empty pockets and declining choices to earn a living. And right behind them is a younger generation facing the same challenges. In this deeply personal talk, author Elizabeth White opens up an honest conversation about financial trouble and offers practical advice for how to live a richly textured life on a limited income. Check out more TED Talks: http://www.ted.com The TED Talks channel features the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and more. Follow TED on Twitter: http://www.twitter.com/TEDTalks Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: https://www.youtube.com/TED
Views: 57498 TED
Modify My Mortgage - Slow Walk Away Program
 
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http://modifymymortgage.com/ How to do a slow walk away. Stay in your home for a year or more free. Save money then rent a home until value of homes stops declining. Then buy—over the years you will gained equity year after year. These days' homeowners and investment property owners often find the value of their properties are thousands of dollars less than what they owe to the lenders. You can Stop and prevent Forclosure many ways including loan modification, lower payments, reduce loan balance. We can provide loan modification help and rescue your home.
Views: 99 ModifyMyMortgage
Retire Faster By Downsizing Your Home
 
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Topics: Living large doesn't mean living better. It usually means working longer to pay off a mortgage. Scott shows you how to live well while spending less so you can achieve your goals faster. - Benjamin has a car leasing question specific to having a large family and needing a big vehicle. - How advertiser's are getting you to spend more with clever descriptions. - Amber has more bills than income and can't figure out how to get ahead when costs are going up. - Andes (Ceshire, CT) has $25k in credit card debt and wants to know the calculations behind saving in a 401(k) and getting a tax break or paying down the debt. - Tristan is 25-years-old and has questions on where to put his first investing dollars if he only has access to a bad 401(k) plan. - Hear the story of how Scott rescued a baby deer. - Danah (Chicago, IL) is a personal finance scholarship applicant and shares some great tips on money she's learned as a young adult. Links mentioned on the show: Please share the show by texting http://GetFR.com to 3 people. Personal Finance Scholarship Application: https://scottalanturner.com/personal-finance-scholarship/ Seductive names make vegetables more appealing - http://www.bbc.com/news/health-40245922 Subscribe To The Show I will help you get out of debt, save more money, and retire early http://GetFR.com Ask Me A Personal Finance Question http://GoAskScott.com Follow me https://www.facebook.com/scottalanturner23 https://twitter.com/scottalanturner https://www.instagram.com/scottalanturner/
Views: 219 Scott Alan Turner
Big Banks' Second Mortgage Foreclosure Game
 
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"In January, federal regulators announced an $8.5 billion agreement with 10 mortgage servicers to settle claims of foreclosure abuses, including bungled loan modifications and the wrongful evictions of borrowers who were either current on their payments or making reduced monthly payments."* Can big banks oversee themselves? Well, if the second-mortgage foreclosure shell game they're playing with homebuyers is any indication...no. How does this shell game work, and why do big banks keep winning? Cenk Uygur breaks it down. *Read more from Elizabeth M. Lynch/ New York Times: http://www.nytimes.com/2013/02/18/opinion/the-second-mortgage-shell-game.html Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks Like Us on Facebook: Follow Us on Twitter: http://www.twitter.com/theyoungturks Buy TYT Merch: http://theyoungturks.spreadshirt.com/
Views: 24337 The Young Turks
Modify My Mortgage - Lower Payments
 
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http://modifymymortgage.com/ How to do a slow walk away. If your loan balance on your first loan or HELOC is larger that the value of your home we can often negotiate a very large balance and rate reductions. These days' homeowners and investment property owners often find the value of their properties are thousands of dollars less than what they owe to the lenders. You can Stop and prevent Forclosure many ways including loan modification, lower payments, reduce loan balance. We can provide loan modification help and rescue your home.
Views: 46 ModifyMyMortgage
Obama's making home affordable program will help thousands save their homes from forseclosure
 
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http://www.michiganmortgagemodification.com Foreclosure Help- Find out how to lower your mortgage payment and save your home. Get the FREE Report "The 6 Reasons a Loan Modification will work for you"
Views: 1326 mimortgagemod
Stimulus Package and Cram-Down
 
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Loan modifications have a track record of not working with over 90% only after 6 mos. http://sacramentorealestatevoice.com/cramdown-is-what-will-end-foreclosures/ What is needed is what is called a "cram-down" where bankruptcy Judges are given the authority to reduce the mortgage loan amount. The house once taken by Foreclosure would sell for current value or less so why not keep the borrower/homeowner in their own home and reduce the loan to the value of the house? Congress will need to change the bankruptcy laws in oder for this to start. Bankruptcy judges can reduce investment property and 2nd homes/vacation but not primary homes. http://youtu.be/hDvD8ZLHtW0 Let's stop the Foreclosures and start helping our own neighbors and neighborhood. Or do you like the bailout money going to the CEO's? We have a choice here...think it about it.
Views: 383 Gena Riede
Rescuing Wall Street to Save the US Economy - Neither Fair Nor Effective
 
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http://www.americanprogress.org/issues/2008/09/fair_nor_effective.html Ed Paisley of the Center for American Progress shares his thoughts on the unprecedented economic bailout being planned by the federal government. Unless U.S. Treasury Secretary Henry Paulsons first stab at a $700 billion rescue of the global financial system is revised to incorporate restructuring troubled mortgages, it will be neither fair nor effective. Paulsons draft legislation attempts to rescue the balance sheets of Wall Street but does almost nothing for homeowners on Main Street. Thats a fundamental flaw. The U.S. housing market won't recover without restructuring of underlying mortgages that are troubled. Global credit markets will not respond to this exceedingly expensive plan unless we get our fundamentals right. Moreover, taxpayers will be saddled with increasingly worthless paper as many of the underlying mortgages fail. The Paulson plan demonstrates a disturbing disconnect between the mortgage-related assets that taxpayers $700 billion is being used to purchase and the necessary restructuring of the troubled mortgages themselves. Many hard-working Americans are having trouble paying on their mortgages, which in turn is driving down the value of their neighbors homes across the country. Tens of millions of families have seen their home values plunge through no fault of their own. Nearly 1 in 10 American households—roughly 5 million—have a mortgage that is either in default or facing foreclosure. These are the families still struggling to pay their mortgage even after the earliest subprime borrowers have already lost their homes. Without provisions expressly aimed at helping these borrowers restructure their mortgages with the assistance of the federal government or through judicial modification, this grand plan to buy "toxic" assets from the financial institutions that engineered this market meltdown will not help the U.S. housing market recover. The Bush administration, however, is ...
Views: 5756 seeprogress
Robert Satnick Responds to Obama Mortgage/Foreclosure Plan
 
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CMBA Chairman Robert Satnick, Prime Financial Services, appears on KPCC Radio's Pat Morrison show to provide thoughts on President Obama's plan to address home foreclosures
Views: 450 CAMortgageBankers
What To Do When The Sales Price Leaves You Short
 
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What's My Yuba City Worth? Yuba City Real Estate Blog - What to Do When the Sale Price Leaves You Short Yuba City Realtor and Yuba City Area Specialists Mike & Jennifer Rigley here bringing you the latest Yuba City Real Estate Information. Thank you for joining us. Today let's talk about Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency. A short sale is different from a foreclosure, which is when your lender takes title of your home through a lengthy legal process and then sells it. 1. Consider loan modification first. If you are thinking of selling your home because of financial difficulties and you anticipate a short sale, first contact your lender to see if it has any programs to help you stay in your home. Your lender may agree to a modification such as: Refinancing your loan at a lower interest rate; providing a different payment plan to help you get caught up; or providing a forbearance period if your situation is temporary. When a loan modification still isn't enough to relieve your financial problems, a short sale could be your best option if: • Your property is worth less than the total mortgage you owe on it. • You have a financial hardship, such as a job loss or major medical bills. • You have contacted your lender and it is willing to entertain a short sale. 2. Hire a qualified team. The first step to a short sale is to hire a qualified real estate professional and a real estate attorney who specialize in short sales. Interview at least three candidates for each and look for prior short-sale experience. Short sales have proliferated only in the last few years, so it may be hard to find practitioners who have closed a lot of short sales. You want to work with those who demonstrate a thorough working knowledge of the short-sale process and who won't try to take advantage of your situation or pressure you to do something that isn't in your best interest. A qualified real estate professional can: • Provide you with a comparative market analysis (CMA) or broker price opinion (BPO). • Help you set an appropriate listing price for your home, market the home, and get it sold. • Put special language in the MLS that indicates your home is a short sale and that lender approval is needed (all MLSs permit, and some now require, that the short-sale status be disclosed to potential buyers). • Ease the process of working with your lender or lenders. • Negotiate the contract with the buyers. • Help you put together the short-sale package to send to your lender (or lenders, if you have more than one mortgage) for approval. You can't sell your home without your lender and any other lien holders agreeing to the sale and releasing the lien so that the buyers can get clear title. 3. Begin gathering documentation before any offers come in. Your lender will give you a list of documents it requires to consider a short sale. The short-sale "package" that accompanies any offer typically must include: • A hardship letter detailing your financial situation and why you need the short sale • A copy of the purchase contract and listing agreement • Proof of your income and assets • Copies of your federal income tax returns for the past two years 4. Prepare buyers for a lengthy waiting period. Even if you're well organized and have all the documents in place, be prepared for a long process. Waiting for your lender's review of the short-sale package can take several weeks to months. Some experts say: • If you have only one mortgage, the review can take about two months. • With a first and second mortgage with the same lender, the review can take about three months. • With two or more mortgages with different lenders, it can take four months or longer. When the bank does respond, it can approve the short sale, make a counteroffer, or deny the short sale. The last two actions can lengthen the process or put you back at square one. (Your real estate attorney and real estate professional, with your authorization, can work your lender's loss mitigation department on your behalf to prepare the proper documentation and speed the process along.) 5. Don't expect a short sale to solve your financial problems. Even if your lender does approve the short sale, it may not be the end of all your financial woes. Here are some things to keep in mind..... What's my Yuba City Home Worth? Call us today at 916-396-7487 for a free no obligation consultation or log on to www.RigleyRealtyGroup.com to find out. Call us today -- you'll be glad you did.
Short Sale and Foreclosure Help with Judy Hunter
 
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Are you in danger of possible foreclosure and wondering about your options? I make it a point to help homeowners understand what options they have in times of hardship. You may be fortunate enough to secure new terms and payment amounts on your mortgage. However, you may find yourself in a position where you have to sell and are concerned about your home being worth less than what you owe. This circumstance is called a short sale and I can recommend legal and tax professionals to discuss foreclosure, bankruptcy, or potential work out options. I can help sell your home, help negotiate terms with the bank, collect my fee from the lender, and help you to rebuild your credit, all at little to no cost to you. I know this process well and have been thoroughly trained to effectively communicate with your lender regarding the sale of your home. You must consult with your lender to discuss the options and possible benefits and risks of a short sale. I will provide you with many credit repair options, while recommending several legal and tax professionals to help settle any and all of your concerns. My consultation is free, my information and help is priceless. We all fall on bad times, let me help you get back on your feet and find other avenues. Please, let me help you, Im just a phone call away.
Views: 197 aarikaian
On Your Side: Tax Law Puts Every Texas Property Owner at a Disadvantage
 
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You are about to get your property appraisal in the mail and one local family says “don’t believe everything you read” after a mistake caused them to overpay their taxes for 30 years. They tried to get their money back. While consumer reporter Steve Noviello is On Your Side, he says the law is not. For Lisa Shear’s mom, being a landowner was a great source of pride. “Look at that smile on her face,” she said. “It meant everything to her.” For 30 years she worked to pay her mortgage and keep up with her taxes. She worked hard so one day she could leave her home and 6 acres of land to her children. “She came from a poor family. She worked hard her whole life,” Shear said. “She did it all alone. I’m so proud of my mom.” But it turns out that 6 acres of land was actually less than 2 acres. It had been incorrectly recorded decades ago and never fixed. The mistake was discovered just recently when she sold a piece of the property to a neighbor. The sale triggered an appraisal and recalculation of the land size and value. “When we found out she was devastated,” Shear said. It means that for three decades Shear’s mom paid taxes on land more than three times the size and value of what she actually owned. Tax records show year after year after year the bills came all inflated. And she paid every one of them in full. In reality, the land was smaller and the taxes were less so Shear reached out to the Navarro County Appraisal District. “They pretty much told me that we oughta be happy our taxes went down. And I can’t remember the exact words but my interpretation was ‘when hell freezes over you’ll get a refund,’” she said. That’s when FOX 4’s Steve Noviello stepped in. “We came here to the Central Appraisal District but the chief appraiser wouldn't speak to us on camera saying if she did, it might lead to a news story.  Well, let me be clear, not talking doesn't get you a pass, it just gets you one of these,” he said. Karen Morris is the chief appraiser for Navarro County. While she wouldn’t talk to FOX 4 on camera, she confirmed by phone that a mistake had been made. Shear’s mom, who at the time of the call was dying of Stage 4 lung cancer, had overpaid for years. It turns out, there was room for a refund but regardless of how long you overpay your taxes when it comes to getting a refund state law limits you to five years. “We hat it for everybody,” said Mike Dowd, the tax collector for Navarro County. Dowd’s officer was much more cooperative and key in helping Shear quickly get back all of the money the law allows. “In this case, it was apparently overlooked for 30 years,” he said. But because of the limits of the law, Shear’s mom was refunded just over a thousand dollars. “All in total it was $1,385 for her overpaying taxes for 30 years,” Shear said. She died a week later. “I’m furious. I’m furious with Navarro County and what they have done,” Shear said. “If it wouldn’t have been for you stepping in, my mother wouldn’t have gotten the $1,385 she got.” Adding to the outrage, the same law allows the county to collect back 20 years from people who underpay. “If the government gets to go back 20 years when I think the law for people should go back 20 years as well,” Shear said. But unless that law changes that’s not happening. In the end, Shear’s mom did get her wish. She left her land to her youngest son. It’s where its true value lies. “And he’s gonna try and get it cleaned up and built up and make a life here,” she said. The advice for consumers is to check all the information on tax bills carefully, not just the home and land value. While the county is responsible for appraising property, consumers are responsible for checking their work. FOX 4 News is a FOX-owned station serving Dallas-Fort Worth and all of North Texas.
Loan Modification & Barak Obama: How to Save Your Home!
 
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http://www.60minuteloanmodification.com Loan Modification expert Mike Rockwood explains the newest buzzword, 'Loan Modification.' Many distressed homeowners may not even know what a loan modification is! Mike Rockwood explains what it is and how to apply. For a free CD on Author Mike Rockwood's experience modifying 5 of his own home loans - and how you can too - please visit our Website at http://www.60minuteloanmodification.com
Views: 1637 Ryan Rockwood
HARP Program Mortgage Loan Atlanta GA slashes payments - HARP Refinance
 
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The HARP Program Mortgage Loan Atlanta GA Underwater Home Owners can benefit from greatly with average annual savings of $1,923 (HARP.gov) How to use a HARP program loan to refinance your home mortgage to lower your payments, your interest rate and without bothering with Appraisal Results The Home Affordable Refinance Program, also know as HARP is part of the Obama Administration's #MyRefi Plan to help underwater homeowners save their home by allowing them to refinance into a more affordable rate or more desirable loan term to reduce their monthly mortgage payments and to avoid foreclosure. You might be eligible to take advantage of the improved changes to the Home Affordable Refinance Program (HARP). Precisely what is the HARP Refinance Program in Atlanta Georgia? The HARP loan was established to help house owners in refinancing their mortgage when the market value of their home has dipped below their present-day mortgage balance, making typical refinancing no longer an alternative. The HARP program loan is a federal government loan program that was upgraded lately to help additional homeowners who have underwater mortgages but continued to make their mortgage payments on time. HARP Program Mortgage Loan Atlanta GA Refinancing your mortgage via the Obama Administration's HARP Program could very well help you save hundreds of dollars on month-to-month payments or put you into a far safer loan program, no matter how much your home will appraise for. Is the Obama Refinance Program the Same as the HARP Program? The HARP Program, also known as HARP 2.0, HARP 3.0, DU Refi Plus or the Obama Refinance Program #MyRefi, is a special Government Sanctioned Refinance Program for usual loans that was updated in early 2012 to help home owners with minimal or no equity refinance their mortgage and make the most of historically low rates by eliminating many of the regular loan qualifying impediments. The relaxed underwriting guidelines include appraisal values, second lien holders, mortgage insurance and interest rate fee penalties. The HARP Program was originally established by the FHFA (Federal Housing Finance Agency) in March 2009 under President Obama's Making Home Affordable Program to help near-underwater and underwater home-owners refinance their mortgages. The HARP Program underwater homeowners can find comfort in a quote from: http://fanniemae.com -- The goal of the HARP Program, as announced by the President, is to "provide access to low-cost refinancing for responsible homeowners suffering from falling home prices.” Doing this indicates that homeowners refinancing with the HARP program loan should certainly have the chance to obtain lower HARP mortgage interest rates. According to the monthly Freddie Mac Rate Trends Survey (that goes back to 1971), it's apparent that mortgage rates have indeed been very cheap for the past several months. Just one of the crucial perks to suitable borrowers using the new HARP Loan program is that the government has put a cap on the rate and fees lenders can charge for adjustments based on LTV, credit and other factors. HARP Program Mortgage Loan Atlanta GA In simplest of terms, your new interest rate will be nearer to the cheaper rates of traditional conventional mortgages. HARP Program Options for Underwater Home Owners In a lot of circumstances, loan providers will call for a full underwritten approval before a borrower will be able to lock in an interest rate. Since these HARP loans generally spend a few weeks waiting in line for the underwriting department, your potential interest rate will be in what's called a "floating" status until your lender can actually lock you in. The lengthier the lock duration is (15, 20, 30, 45, 60 days), the more elevated the interest rate may be. It's actually suitable to sit tight until your file is fully approved and ready for loan documents. HARP 2.0 Atlanta GA How Do I Shop For The Best HARP Program Mortgage Rates? Simply shopping interest rates will ordinarily lead to an annoying encounter with your HARP Refinance due the considerations defined above. The very best strategy for getting the best rate on your HARP Loan is to shop interest rates by "Qualifying A Lender" based upon their knowledge of exactly how rates actually work, as well as their competency to express and communicate economic indicators to you that may likely have a negative or positive impact on the specific HARP Interest Rate that makes sense for your circumstance. HARP Program Mortgage Loan Atlanta Georgia Please subscribe to my YouTube Channel at: http://www.youtube.com/c/HARPMortgageProgramUSA This video can be found at: https://www.youtube.com/watch?v=TI_hfjYexBc Google +: https://www.google.com/+HARPMortgageProgramUSA Visit: http://harpmortgageprogramatlanta.com for tons more information and the right HARP Mortgage Professionals to help you. More information: https://en.wikipedia.org/wiki/Home_Affordable_Refinance_Program
Views: 1664 HARP Mortgage Program
Zombie Titles - More Horrifying Than Home Foreclosure
 
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"Five years ago, Keller, 10 months behind on his mortgage payments, received notice of a foreclosure judgment from JP Morgan Chase. In a few weeks, the bank said, his three-story house with gray vinyl siding in Columbus, Ohio, would be put up for auction at a sheriff's sale."* "Zombie titles" are so much crueler for a home owner than a normal foreclosure. Just when you think the house is completely out of your hands-- it isn't, and you're stuck with piled-on debt and responsibilities without any rights. How does this even work, and why do the banks do this? How is this legal and ethical? Cenk Uygur breaks it down. *Read more from Michelle Conlin/ Reuters: http://uk.reuters.com/article/2013/01/10/uk-usa-foreclosures-zombies-idUKBRE9090GD20130110 Support The Young Turks by Subscribing http://bit.ly/TYTonYouTube Like Us on Facebook: Follow Us on Twitter: http://bit.ly/OkX87X Buy TYT Merch: http://theyoungturks.spreadshirt.com/
Views: 54612 The Young Turks
Paltalk News - Obama's Mortgage Plan Isn't Enough
 
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President Obama's plan to stimulate the housing market is a good one. But the $75 billion earmarked is not nearly enough money to make a dent. That, at least, is the opinion of Dedrick Muhammad, my guest today on News Talk Online on Paltalk.com. Muhammad, senior organizer and research associate for the Program on Inequality and the Common Good at the Institute for Policy Studies says the mortgage relief program "will help soften the impact" of the recession. But, he adds, "I don't believe it will stabilize the housing market." Several callers expressed concern that the plan seems to address, mainly, the middle class. What, they asked, of poor homeowners? Muhammad says, the reality is, with the exception of rural areas, most poor people are renters. He particularly likes the portion of the plan which gives bounties to people who arrange loans between borrowers and lending institutions. "They are giving a profit motive," he says, "to restructure an affordable loan."
Views: 93 Reporter Gary
Заброшенный урановый рудник. Пятигорск. Бештау. Сталк с МШ \ Abandoned uranium mine
 
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Заброшенный рудник на Кавказе, где добывали урановую руду для создаваемого ядерного щита СССР. Термос от Арктики: https://goo.gl/sW4j4i Лайв об этой поездке: https://www.youtube.com/watch?v=nX6GNZ7NQGs ====================== Мой телеграм канал с актуальными новостями, анонсами и фоточками: t.me/urbanmsh Мой инстаграм: https://www.instagram.com/urban_msh/ Канал Усатой: https://www.youtube.com/channel/UCgcLzxwCapC2HIPX6lTF9ig Канал Неустановленного: https://www.youtube.com/channel/UCECYljbn5EVJsoBTremawRA Я в вк: https://vk.com/urbanmsh Паблик vk: https://vk.com/urbanturizm ====================== Для сотрудничества и рекламы: https://vk.com/kenji13 Помощь проекту: ЯД: 410011603839767 WebMoney: R402915687615; Z250888207371 Карта: 5272 6971 3224 2051 ПриватБанк: 4149 4391 0323 4062
Views: 565162 urbanturizm
New: Late Show - Sen. Barack Obama
 
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Late Show - Sen. Barack Obama WASHINGTON Nervously eyeing the markets' next trading session, congressional Democrats and Republican senators pushed for an agreement Saturday on a multibillion dollar bailout for the financial sector. House Republicans said they would not be stampeded into accepting an unwise rescue. But in a sign of possible progress, the House Rules Committee began drafting guidelines for a debate and vote that could take place as early as Sunday, which would send the bill to the Senate for final passage on Monday. President Bush, seeking swift action, sent Treasury Secretary Henry Paulson back to the Capitol, where lawmakers were working through the weekend. Presidential politics again played a role in the bargaining. Republican John McCain and Democrat Barack Obama called key negotiators and portrayed themselves as helping without getting directly involved in the talks. "The goal is to come up with a final agreement by tomorrow," said Senate Majority Leader Harry Reid, D-Nev. "We may not be able to do that, but we're trying very hard." He said he hoped for an announcement by 6 p.m. EDT Sunday, just hours before the Asian markets reopen for the week. "Everybody is waiting for this thing to tip a little bit too far," he said, so "we may not have another day." House Speaker Nancy Pelosi, D-Calif., said an announcement might come as early as Saturday night. But House Republican leaders, who have resisted some elements of the Bush administration's proposal, seemed less certain. "There are a lot of issues still on the table," House Minority Leader John Boehner, R-Ohio, told reporters at midafternoon, just as lawmakers entered the first negotiating session that involved senators and House members, not just staff members. "We should not be bailing out Wall Street on the backs of American taxpayers," he said. Earlier, Bush expressed confidence that lawmakers soon would approve a rescue plan. He acknowledged that many Americans are frustrated and angry that up to $700 billion in tax dollars may be needed to cover Wall Street firms' mistakes. The president spoke with Paulson, McCain and other Republican lawmakers during the day, said White House spokesman Tony Fratto. The bailout is intended to rescue bankers from bad loans that threaten to derail the economy and plunge the country into a long depression. Some lawmakers likened the situation to a major car wreck that has backed up traffic — credit, in this case — for miles. The rescue is meant to remove the wreckage so credit can start moving to borrowers again, they said. Many House Republicans object to several parts of the administration's approach. Negotiators sought to accommodate enough of their demands to entice a reasonable number them to back the eventual plan, which is nearly certain to be unpopular with many voters. Democrats and administration officials said they were willing to include House Republicans' idea of having the government insure distressed mortgage-backed securities — but only as an option, not a replacement for the broader idea of buying those toxic securities. "There may be a way in which that could be accommodated as part of the toolbox" available to the Treasury Department, said Sen. John Thune, R-S.D. "As a practical matter, that can't be the engine that drives this bill," he said. It was unclear whether House Republicans would accept those terms. Negotiators also discussed phasing in the program's costs. For example, after the first $350 billion is made available, Congress could try to block later amounts, which could total an additional $350 billion, if it believed the program was not working. The president presumably could veto such a move, however, requiring extra large margins in the House and Senate to override. Differences remained on how to limit compensation to executives of corporations that would be covered by the rescue plan. Whatever emerges "is not the proposal that we got from Secretary Paulson," Reid said. But lawmakers said it would be much closer to Paulson's original plan than to the alternative offered by House Republicans several days ago. McCain, who flew to Washington after Friday night's presidential debate in Mississippi, spent part of Saturday working the phones and "helping out as he can," aide Mark Salter said. But McCain did not enter the Capitol, where his colleagues were voting on a $634 billion spending bill that ended a ban on drilling off the Atlantic and Pacific coasts, and sent billions of dollars to the military. McCain supports such measures. But the vote would have been difficult for him because the bill also included more than 2,000 pet spending projects worth more than $6 billion. That is the kind of pork barrel spending that McCain has pledged to end. Obama campaigned in North Carolina and Virginia. Aides said he placed calls to Paulson, Reid and a key House member to keep tabs on the finance negotiations.
Views: 7948 YesTheLastEagle
Thinking about ...Should I downsize to a smaller home? ...don't wait till it is too late?
 
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Rick Giese associate broker at RE/MAX Advisors Macomb County Michigan Leading (Seniors Real Estate Specialist) in Macomb County MI Looking for Macomb County Michigan Real Estate Information? You have come to the right place. Today we are going to talk about...Is it time to start thinking about downsizing to housing that may fit your needs better? Rick, Peggy, my wife and I were discussing her mother's dilemma. She is 88 years old and in a nursing center rehab program now for two months with her fate becoming increasingly clear; she will not be able to live by herself anymore. She fell in her home and couldn't get up. Only a little over a year ago she turned down a chance to move to a nice little independent living community when her name came up on the list. She said she was still not quite ready for that. That was the third time in 5 years. Downsizing to a smaller home may be an event that some look forward too, while others dread! Most of us know that downsizing will be in the cards eventually as we age. This can seem like a daunting task to undertake, but with careful planning, moving to a new (and smaller) home can be simple. Some reasons to downsize to a smaller home are, • Having and empty nest- no need for all the extra room • The big house is hard to clean and get around • The expenses of upkeep are just too much The first thing you want to do (even if you do not plan on moving for another year) is to call me Rick Giese (SRES) your Macomb County Michigan senior real estate professional. I will meet with you to discuss your options and help you decide what type of move may be best for you. If you are still active, but want to plan for your later years, you may want to look into a continuing care retirement community. There are many options available in the Macomb County area, or maybe close to where you live now? So that you can continue shopping at the same stores, church, doctors. Rick can help you weigh your wants and your needs and provide you with the information needed to make an informed decision. Next we can help you prepare your current home for the market. Planning ahead will decrease future stress! 27 years of experience can tell you what needs to be done to your current home in order to get the best price, in the shortest amount of time. Rick can also give you tips for getting rid of clutter, or phone numbers of companies that can help. Not only will your home show better, but you will have a head start on packing your belongings! When we finish you will have a checklist on how preparing your home for the market ...started scaling back on some of your unwanted or needed belongings ....and have and idea of the types of housing that best fits your needs, you are well on your way to planning for a successful downsizing experience. With less space to maintain, there is more time for fun activities. No matter what type of housing you choose, you will find that less really can be more, and that downsizing can be something to look forward to! Call me Rick Giese today at 586-242-3100 to set a convenient time to meet with you or you and your family for a FREE, No Obligation planning meeting. You will also receive a FREE copy of my downsizing check list "Downsizing Made Easy" I'm Rick Giese associate broker with RE/MAX Advisors and Certified Seniors Real Estate Advisor and I specialize in helping seniors with the idea of downsizing and the different questions that can come up. Sellers who have move in condition properties that are priced right are finding their homes selling quickly for top dollar, and many are having the problem of multiple offers to choose from. No matter your situation, visit www.MyMIHomeValue.com for a FREE No-Obligation comparative market analysis of your home or condo. This system can tell you how much your property is worth in today's market ...and we might even have a buyer waiting for it! Rick Giese has more than 27 years of experience selling residential real estate, probate, trust and conservatorship. Rick can help you. Contact Rick Giese, associate broker at RE/MAX Advisors at 1-800-274-5656 or rick@rickigiese.com. Follow us on Face book at:https://www.facebook.com/SeniorsRealEstateofmacombmichigan Want to know today's present market value of your home? Check out our online CMA site at http://instantbizsites.com/rickiegiese/house-value/
Views: 604 Rick Giese
Naca - Workshop
 
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Views: 314 Isai- Jesse Varela
Government Mortgage Rule Changes - CMHC -
 
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http://mortgagelocator.ca/ In this video I cover the various changes that were announced today by the Finance Minister regarding mortgage financing and qualification. Amongst them were: 1. Refinances capped at 90% financing 2. Non owner-occupied properties financing capped at 80% 3. Variable rate mortgage qualification standardized across all banks As many of you are aware, today on February 16, the government made some announcements as to some changes that they are going to be enacting on mortgage lending in Canada. These changes were largely the result of the banks going to Ottawa hat in hand and pleading that there was some requirement for some changes. The mortgage industry was getting ahead of itself. Many people were citing there was a bubble and that kind of thing. I've always found this mentality of the banks claiming that the government has to rein in their private lending practices to be a strange one at best. That's very akin to a car dealership going to the government to say, "We need you to enact laws that make our cars less fast because the clients just like them too much, and they're buying them all up. We have to provide them. We have to do whatever they want." I've always thought that was a very strange argument. It just plays out doubly strange here with the banks, who could choose if they wanted to simply to not offer the products that they feel are risky. But they know they'll lose market share, and so rather than do the right thing, they have the government go and legislate laws instead. So what were the changes? Well, the first thing is they have enacted some sort of policy regarding the qualification for variable mortgages. There's a big discrepancy right now between the rates you pay in a variable mortgage -- as low as 1.9% -- and rates that you're paying on fixed mortgages, which if you're taking a similar five-year term you're going to be paying around 3.69% or somewhere in that range. If you're looking at those two different rates, that's almost a two percent full difference based on exactly the same amount of debt. So how do you as a borrower justify taking such a substantially higher fixed rate? A lot of people haven't been; they've been opting for the variable. The problem is a lot of them need that variable rate in order to qualify, and that is a problem, because that is going to be testing affordability shortly. If rates rise, those same people could be in a lot of trouble. The government has said that from now on, you have to qualify using the five-year fixed rate. What they haven't said is what five-year fixed rate they're going to be using. It could be posted rates. It could be the five-year discounted rate. It could be some government-mandated five-year rate. Let's not forget: discounted and posted rates are both something that are set by the banks. So if they don't use a government-mandated rate, that means the banks are still free to adjust posted rates and manipulate how people qualify for variable-rate mortgages. I'm not too sure how that one's going to play out yet. We need a little more clarification. The second thing they've done is restrict refinances from 95% loan to value. So you can no longer borrow right back up to 95% and take your home back to the hilt, you can only do it at 90%. We sat there talking in our office about this today, and it doesn't really seem like that was a product we were really using much. I think I can count one in the last two years where I've had to do a refinance to 95%, and that was really more of a husband buying the property off of his wife and refinancing it through a divorce. So it's not a product that's used very often. It's odd that they jumped on that one. The rationale is that of course that they want to force homeownership to be a bit more of a savings account, if you will, then people refinancing and using their home as a piggy bank. The last rule and change that came down had to do with investor properties, so properties when it's not going to be owner-occupied. Previously you could buy a property as a rental with 5% down. Now you faced some very heavy CMCH premiums to do that, but it was at least something that was technically possible. Well, the new move by the government is going to restrict all non-owner-occupied properties to requiring a 20% down payment. That's a substantial market in the Vancouver market, especially all those properties in Columbus and Fall's Creek and downtown Yaletown that have cropped up. A lot of those condos are investment.
Views: 909 Canada Mortgage
MoneyTV-Mortgage Bailout Plan
 
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Don Baillargeon of MoneyTV hears more about the mortgage bailout plan
Reverse Mortgages: Know Before You Owe — consumerfinance.gov
 
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What is a reverse mortgage? How does a reverse mortgage work? This video provides an overview of reverse mortgages for older consumers and their families. You’ll learn how reverse mortgages work and what issues you should consider before applying for one. For more information, check out the CFPB’s downloadable Reverse Mortgage Discussion Guide: http://consumerfinance.gov/reversemortgage Transcript: Are you or someone you know considering getting a reverse mortgage? A reverse mortgage is a type of loan for homeowners aged 62 and older often used to help pay for living expenses. Here’s how they work. With a reverse mortgage, you borrow money against the equity in your home. Instead of paying interest and fees each month, they are added to your loan balance. As the loan balance grows, your home equity shrinks. Once the last borrower no longer lives in the house, the loan must be paid back, but you will pay no more than the value of the house. Keep in mind that you can lose your home if you don’t meet the loan requirements. Unlike a traditional mortgage, you have no monthly mortgage payments. But you are still responsible for paying your property taxes & homeowner’s insurance, and maintaining your home. If you can’t pay these expenses, or if you stop living in your home for most of the year, you can lose your home to foreclosure. A reverse mortgage is not a government benefit. The loan is made by a private lender and it must be paid back. You’ll need a plan for your future. Think about your future housing and financial needs. On average, a 65 year old is likely to live another twenty years or more. Down the road, you may want to live in a smaller house or move closer to family. If so, a reverse mortgage may not be right for you because you’ll need to pay off that growing loan balance when you sell your home and may not have enough left to buy a new home. Also, borrowing a reverse mortgage at a young age can be risky. Later in life you’re more likely to have less income and higher health care bills, which could be a problem if you run out of loan proceeds. To learn how reverse mortgages work, and whether they are the right option for you, check out our reverse mortgage discussion guide: http://consumerfinance.gov/reversemortgage
Views: 9198 cfpbvideo
Stop Foreclosure Bolivar | (330) 966-3040 | Stop Bolivar Foreclosure | 44612 | OH
 
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http://www.stopforeclosurefree.com. Call now (330) 966-3040. It’s no surprise that millions of Americans are losing their homes to foreclosure. The news outlets lead with stories every day about the economic downturn, record unemployment rates, and the drop in housing prices as the real estate market bottoms out. Not paying your mortgage – no matter the reason – will red flag your account and can eventually lead to foreclosure proceedings. If you find yourself already in the foreclosure process, don’t despair. Even though homeowners certainly never plan on being delinquent on their mortgage payments or losing their homes, hope is not lost. This idea of losing a home is certainly stressful and scary but there are ways out of foreclosure so you don’t ruin your credit score or have a foreclosure on your record. Educating yourself is key to understanding the process, finding resources to help you, and knowing some different solutions out of foreclosure. The key is to take action rather than sitting back and waiting for someone to come rescue you. Do not be embarrassed, ashamed, or think you’ll just pay extra next month. One missed payment is all it takes to signal the lender that there might be a problem. Here are some possible resolutions your lender might consider: 1. Forbearance – Lenders might consider giving you extra time before taking legal action to work out a payment plan that you can afford. 2. Repayment Plan – This option adds a small amount to your current monthly payments for a specified period of time until the amount of the missed payment is collected. 3. Note Modification – Your lender might consider making changes to the conditions of the loan, such as freezing the interest rate for an adjustable mortgage or extending the length of the loan. Understanding the Foreclosure Process Okay, if you already know the foreclosure process and exactly how it works... go ahead and skip this section. But, knowing the foreclosure process well can help you more effectively avoid foreclosure or get your property sold more quickly at a fair price. So... here we go... Pre-Foreclosure is the preliminary stage of the foreclosure process before legal filings are made by the lender. This is the optimal time to stop a foreclosure because at this point your credit rating will not be affected. Some options are to speak with your lender, put your home on the market, or find a private investor who is willing to purchase or take over the existing loan. The actual foreclosure process begins when the lender files a Notice of Default. This is a filing in the public records that indicates where the home is located and it indicates that the homeowner is behind in payments and the home might possibly be seized. After the filing, the lenders must generally wait 90 days before selling or auctioning the property. During this respite you can still work with your lender or maybe find another source of income to help make up the back payments. One of the Best Ways to Stop a Foreclosure In the event that you can’t work out payments or a modification with your lender you still have options to stop the foreclosure proceedings. However, you must act quickly to save your credit. 1. Your Lender Will Usually Consider a Short Sale – If your home is worth less than what you owe on the loan, you might be a candidate for a short sale. Basically, we will need to negotiate with the lender to see if they would be willing to take less than the full amount due on the loan. Short sales are better on your credit than a foreclosure. In addition, short sales will keep the foreclosure off of your permanent record for current & future employers, family and nosy neighbors to see. Plus most lenders will even agree to pay you cash for relocation so you can get a fresh start. We can evaluate your specific situation for you to lay it out in clear to understand terms exactly which options are realistic and exactly what each option can do for you and your family. Just get a hold of us and tell us a bit about your property... from there we'll get back to you within 24 hours with a clear explanation of what will help you reach your goals in your specific situation. Want Us To Help You Review Your Situation To Lay Out ALL Of Your Options and Help you Stop Foreclosure North Canton? Call us today at (330) 966-3040 or visit http://www.stopforeclosurefree.com http://youtu.be/HZeYu-LPh7Y
203k Consultants: When a Consultant is a Good Thing and Why
 
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http://www.amerifirst.com/amerifirst-blog/bid/95108/FHA-203k-Why-a-203k-Consultant-is-a-Good-Thing National renovation lending expert Joe Daly covers 203k consultants (also called HUD consultants) and why they can be an asset during the FHA 203k process. Consultants are required on the Full 203k, but not on the 203k Streamline. Find out if there is still value in having a HUD consultant be your "renovation mentor," and where these professionals come from. AmeriFirst Home Mortgage is a home buyers resource center and community mortgage banker. We focus on educating homeowners and home buyers in the details of the housing market and more. You can learn more about consultants in the 203k Forum here: http://www.203kforum.com/ Gary Smith is a Mississippi 203k consultant and 203k loan evangelist. With decades of experience, Gary has seen it all: "Consultants typically have more knowledge than contractors in today's housing market when it comes to the 203k loan. We're the eyes and ears for the buyer and the bank when it comes to things like health and safety and FHA standards. A consultant on your team can be vital for when the project becomes complicated. We can ease the frustration points during the 203k process."
The 700 Club - May 10, 2018
 
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Bob and Christy went from buying whatever their heart desired to filing for bankruptcy. How could this happen? After many hard years, Bob heard a message that changed his thinking on financial success. Find out what he learned.
Views: 4284 The Official 700 Club
David Graeber: "DEBT: The First 5,000 Years" | Talks at Google
 
01:21:10
DEBT: The First 5,000 Years While the "national debt" has been the concern du jour of many economists, commentators and politicians, little attention is ever paid to the historical significance of debt. For thousands of years, the struggle between rich and poor has largely taken the form of conflicts between creditors and debtors—of arguments about the rights and wrongs of interest payments, debt peonage, amnesty, repossession, restitution, the sequestering of sheep, the seizing of vineyards, and the selling of debtors' children into slavery. By the same token, for the past five thousand years, popular insurrections have begun the same way: with the ritual destruction of debt records—tablets, papyri, ledgers; whatever form they might have taken in any particular time and place. Enter anthropologist David Graeber's Debt: The First 5,000 Years (July, ISBN 978-1-933633-86-2), which uses these struggles to show that the history of debt is also a history of morality and culture. In the throes of the recent economic crisis, with the very defining institutions of capitalism crumbling, surveys showed that an overwhelming majority of Americans felt that the country's banks should not be rescued—whatever the economic consequences—but that ordinary citizens stuck with bad mortgages should be bailed out. The notion of morality as a matter of paying one's debts runs deeper in the United States than in almost any other country. Beginning with a sharp critique of economics (which since Adam Smith has erroneously argued that all human economies evolved out of barter), Graeber carefully shows that everything from the ancient work of law and religion to human notions like "guilt," "sin," and "redemption," are deeply influenced by ancients debates about credit and debt. It is no accident that debt continues to fuel political debate, from the crippling debt crises that have gripped Greece and Ireland, to our own debate over whether to raise the debt ceiling. Debt, an incredibly captivating narrative spanning 5,000 years, puts these crises into their full context and illuminates one of the thorniest subjects in all of history. ABOUT THE AUTHOR David Graeber teaches anthropology at Goldsmiths College, University of London. He is the author of Towards an Anthropological Theory of Value, Lost People, and Possibilities: Essays on Hierarchy, Rebellion, and Desire. This talk was hosted by Boris Debic on behalf of the Authors@Google program.
Views: 209665 Talks at Google
The National for July 11, 2018 — NATO, Rescued Thai Boys, Greyhound
 
47:25
Welcome to The National, the flagship nightly newscast of CBC News »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates on Facebook: https://www.facebook.com/thenational The National Updates on Twitter: https://twitter.com/CBCTheNational »»» »»» »»» »»» »»» The National is CBC Television's flagship news program. Airing six days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.
Views: 23236 CBC News: The National
Stop Foreclosure Hartville | (330) 966-3040 | Stop Hartville Foreclosure | 44632 | OH
 
01:16
http://www.stopforeclosurefree.com. Call now (330) 966-3040. It’s no surprise that millions of Americans are losing their homes to foreclosure. The news outlets lead with stories every day about the economic downturn, record unemployment rates, and the drop in housing prices as the real estate market bottoms out. Not paying your mortgage – no matter the reason – will red flag your account and can eventually lead to foreclosure proceedings. If you find yourself already in the foreclosure process, don’t despair. Even though homeowners certainly never plan on being delinquent on their mortgage payments or losing their homes, hope is not lost. This idea of losing a home is certainly stressful and scary but there are ways out of foreclosure so you don’t ruin your credit score or have a foreclosure on your record. Educating yourself is key to understanding the process, finding resources to help you, and knowing some different solutions out of foreclosure. The key is to take action rather than sitting back and waiting for someone to come rescue you. Do not be embarrassed, ashamed, or think you’ll just pay extra next month. One missed payment is all it takes to signal the lender that there might be a problem. Here are some possible resolutions your lender might consider: 1. Forbearance – Lenders might consider giving you extra time before taking legal action to work out a payment plan that you can afford. 2. Repayment Plan – This option adds a small amount to your current monthly payments for a specified period of time until the amount of the missed payment is collected. 3. Note Modification – Your lender might consider making changes to the conditions of the loan, such as freezing the interest rate for an adjustable mortgage or extending the length of the loan. Understanding the Foreclosure Process Okay, if you already know the foreclosure process and exactly how it works... go ahead and skip this section. But, knowing the foreclosure process well can help you more effectively avoid foreclosure or get your property sold more quickly at a fair price. So... here we go... Pre-Foreclosure is the preliminary stage of the foreclosure process before legal filings are made by the lender. This is the optimal time to stop a foreclosure because at this point your credit rating will not be affected. Some options are to speak with your lender, put your home on the market, or find a private investor who is willing to purchase or take over the existing loan. The actual foreclosure process begins when the lender files a Notice of Default. This is a filing in the public records that indicates where the home is located and it indicates that the homeowner is behind in payments and the home might possibly be seized. After the filing, the lenders must generally wait 90 days before selling or auctioning the property. During this respite you can still work with your lender or maybe find another source of income to help make up the back payments. One of the Best Ways to Stop a Foreclosure In the event that you can’t work out payments or a modification with your lender you still have options to stop the foreclosure proceedings. However, you must act quickly to save your credit. 1. Your Lender Will Usually Consider a Short Sale – If your home is worth less than what you owe on the loan, you might be a candidate for a short sale. Basically, we will need to negotiate with the lender to see if they would be willing to take less than the full amount due on the loan. Short sales are better on your credit than a foreclosure. In addition, short sales will keep the foreclosure off of your permanent record for current & future employers, family and nosy neighbors to see. Plus most lenders will even agree to pay you cash for relocation so you can get a fresh start. We can evaluate your specific situation for you to lay it out in clear to understand terms exactly which options are realistic and exactly what each option can do for you and your family. Just get a hold of us and tell us a bit about your property... from there we'll get back to you within 24 hours with a clear explanation of what will help you reach your goals in your specific situation. Want Us To Help You Review Your Situation To Lay Out ALL Of Your Options and Help you Stop Foreclosure Hartville? Call us today at (330) 966-3040 or visit http://www.stopforeclosurefree.com http://youtu.be/RczOMw6qla8
Having Brunch With 8 Fans That Supported Crushing It! | GaryVee Business Meeting
 
01:45:25
Super thankful to everyone that supported the launch of my book, Crushing It!; especially to the ones that I was able to sit down and have brunch with given their extremely generous support. I know that this video is a bit longer than usual, but let me know whether or not you enjoyed this format of a more long, uncut/raw video - would love to hear from you guys! xoxo Thank you for watching this video. I hope that you keep up with the daily videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second and say ‘Hey’ ;). — Join my #FirstInLine community: https://garyvee.com/JoinFIL — Follow my entrepreneurial journey here: https://www.youtube.com/playlist?list=PLfA33-E9P7FA-A72QKBw3noWuQbaVXqSD — ► Subscribe to my channel here: http://www.youtube.com/subscription_center?add_user=GaryVaynerchuk ►Check out my second channel here: http://www.youtube.com/askgaryvee — Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations. Gary is also a prolific public speaker, venture capitalist, 5-time New York Times Bestselling Author, and has been named to both Crain’s and Fortune’s 40 Under 40 lists. Gary is the host of the #AskGaryVee Show, a business and marketing focused Q&A video show and podcast, as well as DailyVee, a docu-series highlighting what it’s like to be a CEO, investor, speaker, and public figure in today’s digital age. — Check out my Alexa skill!: http://garyvee.com/garyvee365 — Follow Me Online Here: 2nd YouTube: http://www.youtube.com/askgaryvee Instagram: http://instagram.com/garyvee Facebook: http://facebook.com/gary LinkedIn: https://www.linkedin.com/in/garyvaynerchuk/ Snapchat: http://snapchat.com/add/garyvee Website: http://garyvaynerchuk.com Soundcloud: http://soundcloud.com/garyvee/ Twitter: http://twitter.com/garyvee Medium: http://medium.com/@garyvee Planet of the Apps: http://planetoftheapps.com Podcast: http://garyvaynerchuk.com/podcast Wine Library: http://winelibrary.com Official Merchandise: http://garyveeshop.com Subscribe to my VIP Newsletter for exclusive content and weekly giveaways here: http://garyvee.com/GARYVIP
Views: 57568 GaryVee
Alex Collier JUST THINK how YOU can Change the World (1994 FULL LENGTH VERSION)
 
01:59:24
Keep up-to-date on Alex Collier's latest news at http://www.AlexCollier.org Special thanks to Denis Todorov for providing Closed Captions in Bulgarian! JUST THINK what might happen ... For over a decade, this 1994 interview was seen by very few people. On March 9, 2007, a worldwide gateway opened and this interview was released. The eyes4ears channel is truly blessed to be known as the international launch pad for the internet premier of Alex Collier's thought-provoking 1994 interview, even though back then we had to post it in 12 sections due to youtube limitations. When youtube decided to update those rules, we decided to celebrate the 4th year anniversary of that first posting by presenting it here in full length. As the interview continues to be re-posted, the explosive content has developed a habit of creating spontaneous conversational hotbeds all over the world wide web. Viewers have made sharing their personal passionate thoughts and opinions on the film's sometimes controversial ideas a tradition that comes along with sharing this classic video. The interviewer, Rick Keefe, continues to make fascinating UFO videos. You can keep up-to-date on his latest efforts by visiting his official website: http://www.ufohypotheses.com Text transcript of the entire interview: http://www.thelightside.org/EARSite/ufohypotheses.html
Views: 236144 EARS
Stop Foreclosure Lake Mohawk | (330) 966-3040 | Stop Lake Mohawk Foreclosure | 44644 | OH
 
01:21
http://www.stopforeclosurefree.com. Call now (330) 966-3040. It’s no surprise that millions of Americans are losing their homes to foreclosure. The news outlets lead with stories every day about the economic downturn, record unemployment rates, and the drop in housing prices as the real estate market bottoms out. Not paying your mortgage – no matter the reason – will red flag your account and can eventually lead to foreclosure proceedings. If you find yourself already in the foreclosure process, don’t despair. Even though homeowners certainly never plan on being delinquent on their mortgage payments or losing their homes, hope is not lost. This idea of losing a home is certainly stressful and scary but there are ways out of foreclosure so you don’t ruin your credit score or have a foreclosure on your record. Educating yourself is key to understanding the process, finding resources to help you, and knowing some different solutions out of foreclosure. The key is to take action rather than sitting back and waiting for someone to come rescue you. Do not be embarrassed, ashamed, or think you’ll just pay extra next month. One missed payment is all it takes to signal the lender that there might be a problem. Here are some possible resolutions your lender might consider: 1. Forbearance – Lenders might consider giving you extra time before taking legal action to work out a payment plan that you can afford. 2. Repayment Plan – This option adds a small amount to your current monthly payments for a specified period of time until the amount of the missed payment is collected. 3. Note Modification – Your lender might consider making changes to the conditions of the loan, such as freezing the interest rate for an adjustable mortgage or extending the length of the loan. Understanding the Foreclosure Process Okay, if you already know the foreclosure process and exactly how it works... go ahead and skip this section. But, knowing the foreclosure process well can help you more effectively avoid foreclosure or get your property sold more quickly at a fair price. So... here we go... Pre-Foreclosure is the preliminary stage of the foreclosure process before legal filings are made by the lender. This is the optimal time to stop a foreclosure because at this point your credit rating will not be affected. Some options are to speak with your lender, put your home on the market, or find a private investor who is willing to purchase or take over the existing loan. The actual foreclosure process begins when the lender files a Notice of Default. This is a filing in the public records that indicates where the home is located and it indicates that the homeowner is behind in payments and the home might possibly be seized. After the filing, the lenders must generally wait 90 days before selling or auctioning the property. During this respite you can still work with your lender or maybe find another source of income to help make up the back payments. One of the Best Ways to Stop a Foreclosure In the event that you can’t work out payments or a modification with your lender you still have options to stop the foreclosure proceedings. However, you must act quickly to save your credit. 1. Your Lender Will Usually Consider a Short Sale – If your home is worth less than what you owe on the loan, you might be a candidate for a short sale. Basically, we will need to negotiate with the lender to see if they would be willing to take less than the full amount due on the loan. Short sales are better on your credit than a foreclosure. In addition, short sales will keep the foreclosure off of your permanent record for current & future employers, family and nosy neighbors to see. Plus most lenders will even agree to pay you cash for relocation so you can get a fresh start. We can evaluate your specific situation for you to lay it out in clear to understand terms exactly which options are realistic and exactly what each option can do for you and your family. Just get a hold of us and tell us a bit about your property... from there we'll get back to you within 24 hours with a clear explanation of what will help you reach your goals in your specific situation. Want Us To Help You Review Your Situation To Lay Out ALL Of Your Options and Help you Stop Foreclosure Lake Mohawk? Call us today at (330) 966-3040 or visit http://www.stopforeclosurefree.com http://youtu.be/6RsCVtjtdeM
Stop Foreclosure Los Angeles
 
01:46
Stop Foreclosure Los Angeles Tel : 323-730-3900 Tel : 323-533-5431 http://free-internet-marketing.com/?page_id=41 Stop Foreclosure Los Angeles Tel : 323-730-3900 Tel : 323-533-5431 http://free-internet-marketing.com-?page_id=41 Stop Foreclosure Los Angeles Despite efforts to the contrary, there still is a major gap between homeowners in danger of losing their homes and the resources available to help them avoid foreclosure. More than half of the homeowners facing foreclosure, in a recent poll, didn't know about federal and state programs aimed at helping them. Furthermore, almost as many said their lenders were "not willing at all" to work with them. You may have seen the ads promising that you can avoid foreclosure without filing bankruptcy in California. While this is technically true, the companies making this claim may be unlicensed and unregulated and may be engaging in fraudulent practices. Many of our clients in Los Angeles, and Southern California are facing the loss of their home. In fact, the mortgage foreclosure problem in America is reaching epidemic proportions. Some realize that personal bankruptcy may be the only realistic way out of crushing debt, but are afraid because they believe they will lose their home. This is not necessarily the case. There are ways to keep your home even in a bankruptcy. Under the broad Making Home Affordable initiative, Uncle Sam offers several options to owners — but not to investors — including the Home Affordable Refinancing Program (HARP) and the Home Affordable Modification Program (HAMP). If you are on time with your payments but cannot take advantage of today's lower interest rates because you owe more than your home is currently worth, HARP can help if either Fannie Mae or Freddie Mac holds your loan; the two mortgage giants touch perhaps half of all loans. If you are struggling to make your payments because your income has been curtailed or your interest rate has increased, you may be eligible to have the terms of your loan changed under HAMP. The amount you owe must be less than $729,250, your loan must have been taken out before Jan. 1, 2009, and your total monthly housing outlay — principal, interest, taxes, insurance and homeowner-association dues — must be more than 31% of your current gross earnings. For owners who are having a tough time making their house payments because they have a second mortgage, the Second Lien Modification Program (2MP) offers a way to lower the payments on the junior loan when the primary mortgage is modified under HAMP. Under 2MP, which is meant to be complementary to HAMP and is somewhat more complicated than the other alternatives, the owner of the second lien and the company administering the loan on the lien owner's behalf are given monetary incentives to reduce your rate, extend the term or possibly even extinguish the loan altogether. If you can no longer afford your home but want to exit gracefully and avoid the negative effects of foreclosure, the Home Affordable Foreclosure Alternatives (HAFA) program offers up to a $3,000 cash stipend to help you transition into more affordable housing. To qualify, you cannot be eligible for a trial loan modification, fail to complete a successful trial mod or miss two consecutive payments during the trial-mod period. Stop Foreclosure Los Angeles Tel : 323-730-3900 Tel : 323-533-5431 http://free-internet-marketing.com/?page_id=41
The 700 Club - May 11, 2018
 
57:58
After losing a child and her marriage, Tracey hit rock bottom and didn’t know how to financially recover. Then she heard a plan about handling finances that changed everything. Hear what it was. Can it work for you?
Views: 3094 The Official 700 Club