The real estate market has recovered greatly since the economic downturn. In fact, many homes that are currently in foreclosure might actually have some positive equity, which means homeowners might be able to avoid foreclosure. To be seriously "underwater" on your mortgage, debt must exceed value ... » Learn More about In Foreclosure? You Might Not Be As Underwater As You Think!
There's been a lot of confusion lately as everyone's been hearing about the new 3.8% real estate tax that went into effect January 1st. (And if you haven't yet heard about it, surprise! ;) Many people have been asking what this means, and if it will affect them. Well, to address the number one issue ... » Learn More about Understanding the 3.8% Tax