Tag Archives: home ownership

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How to Save Cash on a Kitchen Remodel

Electrolux’s Julie Fritz shares her tips

If you’re planning to do a kitchen remodel, you’re probably looking for ways to save…

By Sheiresa Ngo

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WalletHub Releases 2014 Mortgage Insurance Report

Results from this year's report

Personal finance site WalletHub recently unveiled its 2014 Mortgage Insurance Report in an effort to…

By Sheiresa Ngo

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CFPB Proposes Expanded Foreclosure Protections

New rules offer assistance to home owners

In an effort to address unsatisfactory mortgage servicing practices, the CFPB introduced rules that would…

By Sheiresa Ngo

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Interest.com’s Mike Sante Talks Home Ownership

Expert discusses future of The American Dream

Housing prices have risen far faster than household income, making it more difficult for middle…

By Sheiresa Ngo

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Tips for Calculating Mortage Costs

Here are some helpful uses for a calculator

A mortgage calculator can help you with determining how soon you’ll be able to pay…

By Sheiresa Ngo

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Infographic: Mortgage Closing Costs Rise

Texas has the highest costs

You’ll have to dig just a little deeper into those pockets.

By Sheiresa Ngo

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Life-Savers: 5 Tax Facts for Home Sellers

Here are a few pointers from the IRS

If you’re selling your home, you’ll want to take heed to these tax facts from…

By Sheiresa Ngo

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Homebuilder Confidence on the Rise

Improvements in the economy have contributed to the positive outlook

The index measuring home builders’ views on current sales conditions rose four points to 57.…

By Sheiresa Ngo

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Top 10 Counties with the Best Property Tax Value

Counties in Oklahoma and Arkansas dominate list

Counties with more than 50,000 residents were ranked.

By Sheiresa Ngo

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Eviction Rates For Black Women On Par With Black Male Incarcerations

What can be done to stop this madness?!

A study conducted by the MacArtuhr Foundation reveals that while black men are still the…

By Kevin L. Clark

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Shaquille O’Neal Sells House For Only $10

Would you sell your gigantic house for a ten spot?!

When you’re 7-foot-2 and need almost everything in the world custom-made to your liking, it…

By Kevin L. Clark

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Good Kid, Smart Money: Kendrick Lamar Buys Reasonable $523,500 California Home

Compton rapper spends his money wisely with latest purchase

Kendick Lamar proves that he knows the value of a dollar and smart investment with…

By Courtney Connley

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Wells Fargo Home Lending Launches Home Ownership Contest

Up to $750,000 will go to three lucky winners

If you’re in the market to purchase a new home, you might be excited to…

By Sheiresa Ngo

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OneUnited Bank President Teri Williams Talks About Homeownership

Bank veteran discusses new mortgage program

Even though Financial Literacy Month has come and gone, it’s never too late to discuss…

By Sheiresa Ngo

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Wells Fargo and NeighborWorks America Offer Down Payment Assistance

Low-to-middle-income consumers get the help they need

Help for homeowners is on the way

By Sheiresa Ngo

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Housing Market Continues Improving as Sales Rise in July

Housing recovery continues with solid numbers in every region

The housing market continues to improve as the national median existing-home price for all housing…

By Alan Hughes

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Homebuilders Struggle to Keep Up With Demand in Improved Market

Retaining dwindling workforce a hinderance

The latest is according to a new report by CNN Money which says that builders…

By Darren Sands

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Preview B.E. Business Report: How to Recover From Home Foreclosure

Also: Sea World President Terry Prather; Entrepreneurs of the Week Rodney Hughes and Tony McGee

Author Valerie Coleman Morris provides solutions for those recovering from home foreclosure

By BlackEnterprise.com

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Ask the Money Coach: Should You Walk Away from Mortgage Debt You Can’t Afford?

Carefully consider the potential pros and cons from walking away from your mortgage

How to carefully consider the potential pros and cons of walking away from your mortgage

By Lynnette Khalfani-Cox

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Don’t Blame Minority Homeowners for the Housing Crisis

Real estate expert Ingrid Beckles says contrary to some opinion, minority and low-income homeowners are not to blame for the housing crisis

Real estate expert Ingrid Beckles says contrary to some opinion, minority and low-income homeowners are…

By Ingrid Beckles

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How to Benefit from Making Home Affordable Refinance Program

What you need to know to take advantage of President Obama's revised plan for underwater homeowners

Real estate expert Indrid Beckles tells you what you need to know to take advantage…

By Ingrid Beckles

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Is Your Home an ‘Asset’ or a ‘Liability?’

How to know the difference and realize the true value of your home

The Money Coach Lynnette Khalfani-Cox tells you how to know the difference and realize the…

By Lynnette Khalfani-Cox

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The Truth About ‘No Cost’ Loans from Home Lenders

Here's an estimate of what you can typically expect to pay for your mortgage

Here’s an estimate of what you can typically expect to pay for your mortgage

By Lynnette Khalfani-Cox

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On July 31, the National Bar Association held a panel to discuss the impact of the foreclosure crisis on communities of color at its 86th annual convention and exhibits. Black Enterprise spoke with two of the panelists—Yolanda D. McGill, senior counsel of the Fair Housing and Lending Project with the Lawyers’ Committee for Civil Rights Under Law, and Vicki King Taitano, director of the Foreclosure Legal Assistance Project with the Maryland Legal Aid Bureau—to get their thoughts on this growing problem. McGill noted the rise of scammers as one. "The overrepresentation of minorities in our scam database is very troubling and likely has many causes, such as the wealth gap that leaves struggling homeowners no savings or family funds to lean on and drives them to seek foreclosure rescue and modifications more often,” she says. “We also know that scammers tailor their marketing language to ethnic minorities, and there are organizations trying to determine if this activity is in violation of the law." With that in mind, here are five signs of a foreclosure rescue scam. —Sheiresa Ngo

5 Signs of a Foreclosure Rescue Scam

If someone makes you an offer that sounds too good to be true it probably is

One problem that often crops up during the process of fighting foreclosure is the rise…

By Sheiresa Ngo

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How To Close The Wealth Gap: Step 1

It may take generations to do it. But it starts with making better decisions with the money we have.

The Black wealth gap must be closed. Here’s how we begin to make steps towards…

By Alfred Edmond, Jr.

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How Not to Get Scammed by Movers

Moving season is around the corner. Be sure follow these tips to protect yourself from movers who mean you harm

Summer is just around the corner, and moving season will soon be in full swing.…

By Sheiresa Ngo

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5 Steps Towards Homeownership

How to get into the house of your dreams without landing yourself in a nightmare of financial trouble

How to get into the house of your dreams without landing yourself in a nightmare…

By Tara-Nicholle Nelson

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How to Rebound From Foreclosure

A guide to financial (and emotional) recovery

It’s no mystery to blacks living in middle-class enclaves such as suburban Atlanta, parts of…

By John Simons

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