In This Chapter
◆ Asking the hard questions
◆ Refinancing: often the best solution
◆ When you can’t refinance
◆ Facing foreclosure
◆ Speeding up your payments and avoiding unnecessary insurance costs
There are few things that represent the American dream as much as owning a house. There’s something freeing about the idea of someday being able to live in a home that you don’t have to make payments on and that no one can take away from you. To boot, it represents status and stability in our society; a sign that you’ve simultaneously arrived and are going somewhere.
All those things combined make for a good amount of pressure when it comes to buying a home. Mix in a mortgage industry and real estate market gone wild, ...