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September 30, 2005

The Best of Poke McHenry

From time to time I hear, by mail or telephone, from my friend the Rev. Clennon King, who runs a rescue mission in one of the grimier sections of Miami.

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Bruss: Unless you’re rich, limit down payment to 20 percent

Question: You recently suggested paying no more than a 20 percent cash down payment and never paying all cash for a house or condo. The reason you gave is unforeseen circumstances, such as finding the condo association is broke or you bought near a toxic dump.

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Check all your options before a foreclosure

Special forbearance | Your lender may be able to arrange a repayment plan based on your new financial situation and may provide for a temporary reduction or suspension of your mortgage payments.

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COLD CONFRONTATION AT IGLOO

ELLENTON - Employees being forcibly removed. Cash stolen from a safe. Locks being changed. Former owners ordering current owners to leave. Deputies being forced to referee between the feuding parties.

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Behind on mortgage? You can catch up

Behind on mortgage? DALLAS - When Rhonda and Byron Dunlap fell behind on their mortgage payments while they were both out of work, their biggest fear was losing their home.

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