Michael Jacksons Sister, LaToya Loses Home to Foreclosure

Word has it that LaToya Jacksons condo in Las Vegas was auctioned at forelcosure August 31… The 1,856 Sqaure foot condo located the the exclusive Regency Towers located at the Las Vegas Country Club, had $750000 in notes. It appears that she went into default in...

1000 Banks Expected to Fail Over the Next 10 Years

In a recent article by The Truth About Mortgage .com, John Kanas (Heads BankUnited) states that he expects over 1000 bank failures over the next 2 years…primarily due to the mortgage crisis… “So far this year, 81 banks have failed, a large number by...

Short Sale or Foreclosure…..Risks To Consider

The housing market is crashing, many families have felt the strain of loosing one or both incomes.  We are working with a family right now that is loosing their home due to job loss for one and reduced hours for the other.  They could not afford to keep the home with...

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