Tuesday, June 28, 2011

Why are (some) Homeowners having Payment Problems


The top 3 reasons for housing payment distress:

  • Reduced Income
  • Too Much Debt
  • Unemployment
Behind these reasons there is one more: Lack of reserves. 

Life is always throwing curve balls. However, 40% of Americans could not come up with $3,000 to cover an emergency. So, the number one defense is a plan.

Do you have a plan?

Do you have an adequate emergency fund?


Paymentdistress

No comments:

Post a Comment