Unfortunately, in Washington State, our homestead exemption does not apply to mortgages that are taken out on your home. The homestead exemption serves to protect the equity in your house when you file bankruptcy to deal with ‘unsecured’ debt like credit cards and medical bills. On th

Click to continue reading >>

The federal government, for a large part, has stood by while millions of Americans fell into hard times with their mortgages. While a bailout was quickly arranged for one of the top financiers of the credit fiasco, the homeowners have been blamed by the administration for causing their own proble

Click to continue reading >>

Finally, the Federal Housing Authority is coming to their senses. They have suspended a rule established in 2003 that prevented people from buying foreclosed homes with government-backed mortgages within 90 days of a recent sale. “A glut of foreclosed and abandoned homes harms neighborhoods

Click to continue reading >>