Avoiding Foreclosure
by Steve Strauss on September 4th, 2007
Q: I am the owner of one of these "sub-prime" mortgages everyone is so nervous about, and now I know why. I run a home-based business, and care for my two school-aged daughters. I got what I thought was a great loan, but have learned the hard way that after 2 years, my mortgage goes up $180 a month! I am now on the verge of foreclosure and will lose my business too. Help! Layla A: Like many other homeowners, home-based business owners also tapped the seemingly ever-increasing rise in property value and the corresponding low interest rates the past... Read more »