Top 5 Ways to Avoid Foreclosure, according to John Ziraldo, CEO, Lighthouse of Oakland County:
1. Make budget and stick to it.
2. Be an educated consumer. Learn as much about real estate and mortgages before you go out looking for homes.
3. Don't buy a mortgage you can't live with. An adjustable rate mortgage assumes that your income will increase when the balloon payment is up or the rates reset.
4. Budget your mortgage payment. Make it the first payment you make or, better yet, have it automatically whithdrawn from your checking account.
5. Work closely with the mortgage company that's servicing your mortgage. Call them as soon as you have a problem. Don't wait until a problem gets out of control.
Click here for more information from the MSU Extension office in Macomb County.
Dancing For Charity at the South Oakland Shelter 11/07
WWJ's Marie Osborne spoke live with Kevin Roach the Executive Director of the South Oakland Shelter. This is a charity event where area politicians, business leaders and media personalities will be pairing with professional dancers.
Movie Boot Camp 11/7
Larry Meistrich a veteran producer, talks about a three day filmakers workshop next weekend which he will host.
Health Care Overhaul 11/7
A live WWJ interview with AFL-CIO President Mark Gaffney on today's health care rally in Royal Oak.
China Mission 11/7
Wayne County Executive Robert Ficano further elaborates on the trip to China for himself and a board of delegates.
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