Wednesday, June 17, 2009

Mayor Of Portland Oregon Facing Foreclosure!

Mayor Faces Foreclosure!








Openly gay and homosexual, Steve Adams, mayor of Portland, Oregon is currently 5 months behind on his mortgage payments. Because of this a default notice appears on his state's foreclosure website.

At a price of $130,000 for the property, the mortgage payments were reported to be around $959 a month. (The mayor's annual salary is estimated to be $118,000.)

Plagued by different scandals, including a teen sex scandal and an incident involving the mayor's GMC pickup, the mayor has had to pay various and high legal and attorney fees.

Only time will tell whether or not the mayor may lose his home because this is just but the first step in the foreclosure process!

It goes without saying that a lot of the mayor's constituents are quite angry with him!

Sunday, June 14, 2009

I Hope You Find This Article Helpful

For those of you that have an ARM (adjustable rate mortgage) and your mortgage payments are getting higher and higher - to the point that you may not be able to pay - I hope that you find the article link below helpful!

It seems that even if one has a bad or low credit score that there still may be help available for you if you need to refinance your mortgage.

Adjustable Rate Mortgage Help