Comments for Refinance .net http://www.refinance.net Mortgage, Refinancing and Home Loan News Fri, 03 Jul 2009 03:05:28 +0000 http://wordpress.org/?v=2.6.5 Comment on Free Credit Report Scams - What to Watch For by Mortgage Man http://www.refinance.net/2007/free-credit-report-scams/#comment-361 Mortgage Man Sat, 20 Jun 2009 07:57:16 +0000 http://www.refinance.net/blog/2007/free-credit-report-scams/#comment-361 Very nice. Thanks for this. Very nice. Thanks for this.

]]> Comment on The Money is Just Gone - Housing Prices Aren’t Ever Coming Back by Larry http://www.refinance.net/2008/the-money-is-just-gone-housing-prices-arent-ever-coming-back/#comment-324 Larry Thu, 30 Apr 2009 20:59:07 +0000 http://www.refinance.net/?p=112#comment-324 I can simpathize with all these folks who are upside down,so am I. My townhouse seemed at the top to be a good buy and thinking like all realtor (I was) that it would continue up with a 2 year loan ready to refi when it came due. Hard time hit me and now on active duty. Not the same when money flowed through the streets and could live it. Now nearing retirement age find myself completely wiped out, therefore decided to forgo our home to put money in the bank. At first when contact my lender they said no, now they want to talk but make no effert to modify my loan. Have to give back the home and rent. Have to look out for myself, be able to buy food and survive for better days. I believe that if American's who are in trouble like this gave back their home and rented. They would be able to prepare for better days and after the mess the country is in we will all recover. The one's that I have seen stick it out to the end, to the last dime are only fooling themselves having to lick their wounds with nothing to show for it. Home prices, like wages and rent all have to have a formula that is livable without the greed it took us to get here. I can simpathize with all these folks who are upside down,so am I. My townhouse seemed at the top to be a good buy and thinking like all realtor (I was) that it would continue up with a 2 year loan ready to refi when it came due. Hard time hit me and now on active duty. Not the same when money flowed through the streets and could live it.
Now nearing retirement age find myself completely wiped out, therefore decided to forgo our home to put money in the bank. At first when contact my lender they said no, now they want to talk but make no effert to modify my loan. Have to give back the home and rent. Have to look out for myself, be able to buy food and survive for better days.
I believe that if American’s who are in trouble like this gave back their home and rented. They would be able to prepare for better days and after the mess the country is in we will all recover. The one’s that I have seen stick it out to the end, to the last dime are only fooling themselves having to lick their wounds with nothing to show for it.
Home prices, like wages and rent all have to have a formula that is livable without the greed it took us to get here.

]]> Comment on Homeowner Affordability and Stability Plan - The Federal Bailout for Homeowners by dar j http://www.refinance.net/2009/homeowner-affordability-and-stability-plan-the-federal-bailout-for-homeowners/#comment-323 dar j Sat, 18 Apr 2009 02:00:53 +0000 http://www.refinance.net/?p=177#comment-323 will the affordability and stability plan help someone (elderly) who has a primary residence, current on payments, but a home equity line of credit on a second residence (mobile home) that a disabled son lives in? can this person refinance under this plan at lower rates, or file chapter 13 and keep both homes? will the affordability and stability plan help someone (elderly) who has a primary residence, current on payments, but a home equity line of credit on a second residence (mobile home) that a disabled son lives in? can this person refinance under this plan at lower rates, or file chapter 13 and keep both homes?

]]> Comment on Homeowner Affordability and Stability Plan - The Federal Bailout for Homeowners by bill weeks http://www.refinance.net/2009/homeowner-affordability-and-stability-plan-the-federal-bailout-for-homeowners/#comment-296 bill weeks Sun, 22 Mar 2009 17:49:12 +0000 http://www.refinance.net/?p=177#comment-296 The banks are crooks!! They won't help you unless you miss payments. Responsible homeowners are being forced to miss payments so they can refinance to a more affordable loan. Why? Because their jobs have been lost, cut, reduced and they travel further to get work with less pay. This is not the American Dream, the American Con!! Home Ownership is a scam if you don't pay the whole amount of the home with cash. Bill Weeks The banks are crooks!! They won’t help you unless you miss payments. Responsible homeowners are being forced to miss payments so they can refinance to a more affordable loan. Why? Because their jobs have been lost, cut, reduced and they travel further to get work with less pay.

This is not the American Dream, the American Con!! Home Ownership is a scam if you don’t pay the whole amount of the home with cash.

Bill Weeks

]]> Comment on Free Credit Report Scams - What to Watch For by Ryan http://www.refinance.net/2007/free-credit-report-scams/#comment-293 Ryan Thu, 12 Mar 2009 18:48:35 +0000 http://www.refinance.net/blog/2007/free-credit-report-scams/#comment-293 I signed up to check my credit report. I found out I had 7 days to cancel before I was charged on a monthly basis. I immediately called to cancel the account. After saying several times and very firmly: "Cancel my account, please", the operator on the phone said the account was canceled and I would not be charged. A few months go by, I was charged 4 times! I went through all these hoops to get my FULL refund of $59.80. I know it doesn't seem much but I CANCELED my account! I finally got my FULL refund. I have my whole story here and well as email, phone, and fax information to getting a refund: http://ootie.blogspot.com/2009/03/freecreditreportcom-is-scam.html I signed up to check my credit report. I found out I had 7 days to cancel before I was charged on a monthly basis. I immediately called to cancel the account. After saying several times and very firmly: “Cancel my account, please”, the operator on the phone said the account was canceled and I would not be charged.

A few months go by, I was charged 4 times! I went through all these hoops to get my FULL refund of $59.80. I know it doesn’t seem much but I CANCELED my account! I finally got my FULL refund.

I have my whole story here and well as email, phone, and fax information to getting a refund:

http://ootie.blogspot.com/2009/03/freecreditreportcom-is-scam.html

]]> Comment on Credit Cards and Prepaid Debit Cards by Susan Caverta http://www.refinance.net/2009/credit-cards-and-prepaid-debit-cards/#comment-214 Susan Caverta Sun, 15 Feb 2009 10:29:36 +0000 http://www.refinance.net/?p=165#comment-214 Interesting read. Can you give more details on this? Interesting read. Can you give more details on this?

]]> Comment on Figuring out the Costs of Refinancing by Joe Gibbs http://www.refinance.net/2008/figuring-out-the-costs-of-refinancing/#comment-212 Joe Gibbs Mon, 09 Feb 2009 07:06:32 +0000 http://www.refinance.net/?p=137#comment-212 Please consider that if you refinance, you should be willing to entertain the thought of shortening the amount of your loan. Refinancing from a 30 year to a 15-year loan is something most people can do - will do, if they are educated on the benefits. Unfortunately, most people you should ask the lender about the best course of action. Please consider that if you refinance, you should be willing to entertain the thought of shortening the amount of your loan. Refinancing from a 30 year to a 15-year loan is something most people can do - will do, if they are educated on the benefits. Unfortunately, most people you should ask the lender about the best course of action.

]]> Comment on Banks are Hung Over Like Drunken Sailors after Credit Binge by Susan Kishner http://www.refinance.net/2009/banks-are-hung-over-like-drunken-sailors-after-credit-binge/#comment-209 Susan Kishner Mon, 02 Feb 2009 21:39:30 +0000 http://www.refinance.net/?p=158#comment-209 Great post. I will read your posts frequently. Added you to the RSS reader. Great post. I will read your posts frequently. Added you to the RSS reader.

]]> Comment on Figuring out the Costs of Refinancing by Glenn Bemis http://www.refinance.net/2008/figuring-out-the-costs-of-refinancing/#comment-198 Glenn Bemis Tue, 13 Jan 2009 23:12:23 +0000 http://www.refinance.net/?p=137#comment-198 I have noticed that some mortgage refinance experts advise that if you will save more than 3/8 of one percent on your mortgage rate, then you should consider refinancing. If you save less than this, then points may cost you more than your savings from lower interest rates. I have noticed that some mortgage refinance experts advise that if you will save more than 3/8 of one percent on your mortgage rate, then you should consider refinancing. If you save less than this, then points may cost you more than your savings from lower interest rates.

]]> Comment on Thirty Year Loans at 4.5% - Refinance Your Home Loan Mortgage if you Can by Shirley T. http://www.refinance.net/2008/thirty-year-loans-at-45-refinance-your-home-loan-mortgage-if-you-can/#comment-188 Shirley T. Fri, 09 Jan 2009 12:23:17 +0000 http://www.refinance.net/?p=117#comment-188 Yes, Times have changed in America over the last fifty years, and the growing amount of consumer credit debt is one the things that has changed. We should have to understand different situation to form a various solution in each problem. Determining the right solution for each unique debt level can be intimidating. Payday loans are one form, but what about credit cards, and bigger and bigger mortgages for higher interest rates? It used to be that the only major debt a person had was their home, and maybe a car. The credit industry has grown by leaps and bounds over the last twenty years, and it is only recently that it has become challenged by consumers in the wake of the recent recession. Now is a good time to begin debt consolidation, as many companies are hurting for funds, and it would be good to take advantage of it. Home equity loans are a way to go, and payday loans to get early credit payments every now and again aren't a bad idea either, but you should consult a financial professional if you are going to begin trying to take down your debt. Yes, Times have changed in America over the last fifty years, and the growing amount of consumer credit debt is one the things that has changed. We should have to understand different situation to form a various solution in each problem. Determining the right solution for each unique debt level can be intimidating. Payday loans are one form, but what about credit cards, and bigger and bigger mortgages for higher interest rates? It used to be that the only major debt a person had was their home, and maybe a car. The credit industry has grown by leaps and bounds over the last twenty years, and it is only recently that it has become challenged by consumers in the wake of the recent recession. Now is a good time to begin debt consolidation, as many companies are hurting for funds, and it would be good to take advantage of it. Home equity loans are a way to go, and payday loans to get early credit payments every now and again aren’t a bad idea either, but you should consult a financial professional if you are going to begin trying to take down your debt.

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