Mortgage crisis or not - people need housing.  Can you get into a new mortgage? Should you? Is this a good time to buy?

Yes, yes and yes!

Unless you are flush with cash, have a secure (very) job or have just inherited a pile -- think small, think alternative. 

Think yurt, steel frame, do it yourself, cottage, cabin, be your own contractor, cheap areas, lowball housing markets.  Think smart.  Give yourself wiggle room. 

Once you are in a mortgage and a new house, you can move up to bigger and better things later.  By buying now, you'll build equity and the economy will settle down.    There is no reason to wait for your new house and every reason to jump in now. 

Now, is a great time to buy -- so start shopping for that new mortgage.

think

small

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A house is a home when it shelters the body and comforts the soul.
                                                                                        Philip Moffitt

Don't Get Scammed by Home Loan Modification Offers

Companies offering to get you a Loan Modification for a paid fee, BEWARE they may be scamming you.  If you are going to pay a company to do all of your paperwork, you should know that is ALL you are paying them for.   If they promise you a guaranteed loan modification -- No.  uh uh.  Nobody can do that.  Here is the number to the Official Government Mortgage HOPE office where you can find a FREE counselor to help you.

                                    (888) 995-HOPE