The Truth About: ARM Loans

  If you say "mortgage", most people thinking of a fixed rate, long-term loan. While that's certainly the most popular variety, it's not the only home loan in town. For some asipiring homeowners, an adjustable rate mortgage might be a better option. Adjustable-rate mortgages (ARMs) often appeal to h

The Truth About: Foreclosures and Other Distressed Properties

  Buying a house in foreclosure or another type of distressed property, is often touted as a way for both owner-occupants and investors to get a great deal on a house. However, the potential financial rewards come at a price. What is a distressed property? Distressed properties come in many forms, e