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Published: Mon, 23 Apr 2018 17:13:33 -0500


How Do I Save My Home From Foreclosure?

Thu, 14 Dec 2017 13:37:23 -0600

Home loan dispossession just means the deed must be abandoned through court activity. Home loan dispossession is normally alluded to as a legal abandonment. A home loan is a security record that enables the borrower to keep title of the property while utilizing the property as security or insurance for a credit. The moneylender at that point puts a lien on the property in the occasion the proprietor does not pay the concurred installment. At the point when the borrower pays off the credit, the loan specialist gives the borrower a fulfillment of home loan that expels the lien from the property. About a large portion of the states in the U.S. utilize contract dispossession as the methods for fulfilling the advance adjust.

Becoming a Foreclosure Consultant

Wed, 25 Oct 2017 07:22:07 -0500

To become a foreclosure consultant you have to become an attorney or apply for a government license. The professional requirements vary but generally the government will require that they register with the attorney general or a department of justice after they have fulfilled the training requirements. There are two types possible license.

Short Sales Explained: 6 Major Differences Between a Short Sale and Foreclosure

Thu, 13 Jul 2017 08:14:25 -0500

If you find yourself in the unfortunate situation of choosing between foreclosure and short selling, find yourself a real estate firm that specializes in these transactions right away to get your questions answered. Here are 6 reasons to consider short selling your home instead of allowing foreclosure proceedings to take place.

Risk of Buying a House During the Redemption

Fri, 09 Jun 2017 07:45:41 -0500

Financial distress may force a homeowner to sell his property. But there are also times when it is foreclosed by the financial institution to which the property is mortgaged. Yet, the redemption period still gives an opportunity to reown the house.

Is A Short Sale The Right Choice?

Mon, 22 May 2017 13:51:09 -0500

.With the decline in home values in the past few years, some homeowners who need to sell in the current market find themselves trapped, as they owe more than their home is worth. In this situation, the short sale can become a viable option.

Foreclosure - How to Avoid This Ugly Word

Thu, 20 Apr 2017 09:18:40 -0500

To homeowners, foreclosure is one ugly word which must be avoided at all costs. But when financial problems come, it is another dilemma which must be faced bravely and wisely. But do you know that it can be avoided?

Foreclosure Mediation

Mon, 27 Mar 2017 07:36:30 -0500

This is a program provided by many court systems. The homeowner who is looking at foreclosure on their home may be able to work out a solution that is mutually beneficial to the homeowner and mortgage company. To qualify for foreclosure there are different requirements according to the jurisdiction. Most people are eligible because it is in the best interest for both the mortgage company and the homeowner to work out an agreement instead of going through with foreclosure.

Foreclosure Specialist - What They Do

Thu, 23 Feb 2017 07:04:32 -0600

This specialist is one who starts the process by which commercial and residential properties are reclaimed by various lending institutions including mortgage companies and banks. This process is started due to non-payment of the client's mortgage. The foreclosure specialist may assist the lender, new purchase, homeowner, or business owner in the procedures. They may even help all parties involved. Banks and real estate companies will often employer their services. A specialist in this field may offer their services on an independent contractual basis.

Avoiding Foreclosure - What to Consider

Wed, 25 Jan 2017 07:47:21 -0600

The word "foreclosure" is one word that a homeowner does not want to hear because they can lose their home. This is especially true if you default in making timely monthly payments. When a homeowner buys a home, they intend to make their monthly payments on time but unforeseen events can happen and affect your financial situation. You could lose your job, have a health problem that causes you to miss several days or weeks of work, divorce, etc

Which Type Of Real Estate Agent Should You Hire To Represent You?

Mon, 16 Jan 2017 14:56:50 -0600

With today's real estate market, it is easy to purchase a wonderful property at a fantastic price. There are numerous foreclosed residences now available on the market. These residences are listed at rock bottom prices as the mortgage loan providers simply want to get the amount of revenue due to them. Using the services of a realtor can assist you locate the best package available on the market.

Can You Buy Your Foreclosed Home Back?

Mon, 12 Dec 2016 08:20:33 -0600

Is your house on foreclosure? Can you buy it back when it is foreclosed? This article answers these questions.

You're Closer To Buying Foreclosure Properties Than You Think

Thu, 08 Dec 2016 09:14:39 -0600

The real estate market is showing increasing signs of recovering and there are great investment opportunities to be found. Home prices are still relatively stable and interest rates are still very attractive. However, whether buying for a primary residence or for investment purposes, there are still some basic guidelines to follow when considering buying foreclosure properties.

Buying Foreclosed Homes - A Little Help

Mon, 28 Nov 2016 07:26:01 -0600

When you are considering buying a home looking at foreclosed homes may seem like a good idea. You can get a good property at a good price but it may not be possible to build a relationship with the previous owner.

Foreclosures - What Are They?

Mon, 28 Nov 2016 07:18:35 -0600

A lender, which can be a bank or financial institute, claims possession of the property that belongs to the person who borrowed the money and used the property for collateral. This legal process is done because the borrower stopped making payments to the lender.

Financing Distressed Property

Mon, 26 Sep 2016 08:18:28 -0500

This article offers basic guidance when purchasing a distressed property. Rehabilitation mortgage types are reviewed and seller complications are discussed that may affect or delay closing.

The $100 County Auction - Part 1 of Several

Thu, 25 Aug 2016 09:00:02 -0500

Real Estate, at least in Florida, is back to being a hot market again. Everybody wants in and you can tell by the Real Estate 'Auction' sites such as and These sites previously would simply work with the banks and 'Auction' off their REO inventory, but now everywhere you go you see these $100 minimum bid auctions being advertised on these sites and others like Zillow, Trulia, and

How to Buy Real Estate Below Market Value

Mon, 08 Aug 2016 14:03:01 -0500

It patently requires time, work and ability to get an incredible deal for land. We will let you know why individuals offer property below market value, what its real market worth is and how you can purchase land below market value.

Learn How to Avoid Foreclosure by Understanding Short Sale Process!

Fri, 29 Jul 2016 13:32:01 -0500

Introduction: Quick Sale is a kind of real estate, where you can owe more than the estimation of your property. Lending institutes, for example, huge banks or other money related establishments will permit you to run with a short sale, so you can abstain from experiencing foreclosure issues and undoing in your credit rating over the long haul. You can undoubtedly get rid of issues on your credit rating on the off chance that you go through this short sale process.

4 Ways to Fight Foreclosure

Tue, 19 Jul 2016 10:11:18 -0500

Foreclosure affects 5 million people. This article will talk about 4 ways a borrower can fight foreclosure.

What Is a Lien and Foreclosure?

Fri, 15 Jul 2016 13:18:22 -0500

Find out the 7 most common liens that affect your home and how to avoid them. Learn the exact foreclosure steps lenders go through in Florida and how to navigate your way through the timeline.

Frederick County, Maryland Foreclosure Statistics and Trends

Fri, 10 Jun 2016 06:53:33 -0500

Find the latest available statistics on Frederick County, Maryland. The county varies widely in its rate of foreclosures, as does the rest of the state.

Foreclosure Statistics for the State of Maryland

Fri, 10 Jun 2016 06:42:26 -0500

Maryland has the highest rate of closure in the United States. Take a closer look at the latest figures on the Maryland foreclosure rate and other trends and statistics.

Preparing for Foreclosure - Can Bankruptcy Protect You From Foreclosure?

Thu, 09 Jun 2016 09:40:01 -0500

What does bankruptcy do to a foreclosure sale? Let's take a look at what happens when someone files a bankruptcy petition. Immediately at the time of the bankruptcy filing, an automatic stay goes into affect. The automatic stay is governed by federal law specifically 11 USC ? 362.

The Must-Knows About Foreclosure and Its Stages

Tue, 07 Jun 2016 11:19:09 -0500

Foreclosure: A foreclosure occurs when a property owner cannot make payments on their loan. If a homeowner unable to keep up with payments he simply had to relinquish the property back to the bank that holds the mortgage on the house. A bank can bring a foreclosure action against the homeowner. They can sell or repossess (take ownership of) a property in order to recover the amount owed on a defaulted loan secured by the property. A homeowner's rights to a property are forfeited because of failure to pay the mortgage. If the owner cannot pay off the outstanding debt or sell it via short sale, the property then goes to a foreclosure auction. If the property does not sell at auction, it becomes the property of the lending institution. Foreclosures are fairly straight-forward sales because the banks typically do not want to be "home owners", they want to be "home loaners".

Know Your Options To Save Your Home: Foreclosure Help 101

Wed, 30 Mar 2016 14:24:31 -0500

Have you missed a mortgage payment yet? Are you already behind on your payments? Now is the time to get foreclosure help and save your home.

The Power of the Power of Sale Clause

Thu, 10 Mar 2016 14:36:14 -0600

We are finding out the hard way in a Contract for Deed we purchased in Alabama about the Power of the Power of Sale Clause. The Power of Sale clause is one of many clauses written into most mortgages which will allow the lender or owner of the mortgage the power to sell the property in the event of a default by the homeowner, in order to pay off the mortgage debt. It is for all purposes the equivalent of a foreclosure, without having to foreclose judicially in non-judicial States.

How Does the Nebraska Foreclosure Process Work?

Mon, 09 Nov 2015 10:39:26 -0600

Do you fully understand the Nebraska foreclosure process? By understanding the foreclosure it can help ease you mind and feel more in-control of the situation.

Is It Better to Buy a Short Sale or Bank Owned Home?

Tue, 06 Oct 2015 13:03:40 -0500

IS IT BETTER TO BUY A SHORT SALE OR A REO BANK OWNED HOME? This can be a hard decision after you read this article. You might find a beautiful short sale home in your favorite area and it may be remodeled and upgraded and also in your price range too. But you will have to be patient and wait for the short sale approval if you want to buy it. Are you looking for a bargain? I'm sure your answer is Yes.

The Intersection of Bankruptcy and Loan Modifications Aka Loss Mitigation

Tue, 29 Sep 2015 10:43:38 -0500

Trying to do a loan modification to save your loan? If it seems that things are not working on that front, i.e. your house is going to be put up for sale, you may want to try a chapter 13 bankruptcy and then pursue your loss mitigation options.

Can I Buy My House Back After It Has Been Foreclosed?

Mon, 28 Sep 2015 12:42:00 -0500

Foreclosure is never a pleasant experience, so it is important to be aware of where you stand once your property has been foreclosed. Once the proceedings have been put in place, you will have a limited amount of time to catch up on your mortgage payments before your lender accelerates the payments to the point where they will accept nothing less than full payment if you intend to keep the property. The amount of time you have for this will differ depending on the loan provider, but it will usually be no more than a couple of months.

How You Can Stop A Foreclosure

Tue, 15 Sep 2015 09:16:07 -0500

Owning a home is the dream of a lot of people and it is for this reason that many get mortgages to push them closer and closer to their dream homes. However, you need to be very careful when choosing a mortgage to ensure that you remain consistent with your payments. Foreclosure is attracted by failure to pay mortgage and your house is possessed by the institution that offered you the mortgage in the first place. It can be a terrible thing to lose your house especially when you face foreclosure because of situations beyond your control like loss of jobs or being incapacitated to continue working to pay your mortgage.

So You Think You're Ready to Buy a Foreclosure Property?

Tue, 11 Aug 2015 13:52:48 -0500

Buying a foreclosure property could be a very smart financial move for a savvy buyer. After all, most foreclosure properties will trade under market value, some as low as 85% of the value. What are the most important things to remember when buying a foreclosure property?

How Long Does It Take to Buy a Foreclosed Home?

Mon, 03 Aug 2015 06:18:46 -0500

Buying a foreclosed home involves a few different processes than simply buying a property directly from a seller, so it pays to be aware of the amount of time that you're going to have to wait before you can finally call the property your own. The key is putting yourself in a position to make an as-is offer quickly, while being able to prove that you can secure the necessary funds to make the purchase. If you have to wait to secure a loan then the process takes a little longer, as you would expect from any house purchase...

Renting a House That's Going Into Foreclosure

Fri, 24 Jul 2015 10:48:10 -0500

One of the worst situations that a tenant can find themselves in is to be renting a house that is going into foreclosure. It's an uncertain situation and may eventually see the tenant evicted through no fault of their own.

What to Look For When Searching for Foreclosed Homes for Sale Online

Wed, 22 Jul 2015 10:31:49 -0500

Thousands of homes go into foreclosure in the United States every single year, which means that there is currently a fairly healthy market for those who want to purchase such properties, either with a view to living in them and to sell them on for a profit at a later date. Before you can get started on that though, you are going to need to know where to look and what you should be looking for before you commit any of your cash to a sale. Here we offer some advice on buying foreclosed homes using the internet.

Where to Find Foreclosure Assistance

Fri, 10 Jul 2015 06:17:36 -0500

This article discusses where to find help if you are facing foreclosure. It also reviews alternatives to foreclosure that are less damaging to an individual's credit history.

How to Sell Your House Fast Before Foreclosure

Wed, 24 Jun 2015 06:22:09 -0500

Being foreclosed on is not a pleasant event, and it can haunt your credit score and make it unbearably difficult or even impossible to get a mortgage loan over the next seven years. Seven years! To prevent this kind of credit catastrophe, one of your best options to consider is selling your home. In many situations though, you'll need to do this quickly in order to prevent being foreclosed on. While foreclosure is a process that can take a few months to a year to happen, selling a house can also be a bit of a lengthy process as well, so you should start thinking sooner rather than later, "I need to sell my house fast!" If foreclosure is coming and you know it, read on to minimize the damage to your financial future.

Avoid Foreclosure - A Few Alternative Ways

Mon, 15 Jun 2015 09:37:26 -0500

How to avoiding Foreclosure is one of the most common questions of home owners. So, here are some easy ways, which you can consider for avoiding foreclosure.

How Long Does a Foreclosure Usually Take?

Mon, 08 Jun 2015 10:58:27 -0500

Foreclosure is a process with few absolutes, including no absolute start-to-finish time frame. Consider your own pre-foreclosure timeline. You may have agonized for months over how to make each mortgage payment, possibly underpaying a bit, and finally choosing food or medical care over the mortgage.

What to Expect After a Foreclosure

Mon, 08 Jun 2015 10:57:02 -0500

The "Great Recession" may be the first great misnomer of the 21st century. What was so "great" about it? An estimated 6.7 million Americans lost their homes since 2006, and another 800,000 may still lose their homes by the time all delinquent mortgages are settled. Perhaps you are one of these millions who face losing your home to foreclosure.

Short Sales And Related Issues

Wed, 27 May 2015 08:49:37 -0500

Short sales have grown to become more prevalent simply due to the fact we have been in a recovering economy. They happen when a homeowner cannot maintain keep the mortgage current along with other financial issues.

Common Issues With Selling a Foreclosed Property

Tue, 26 May 2015 07:57:06 -0500

"Foreclosure" is a word that leaves a bitter taste in many people's mouths, yet it is a term that some eventually must come to terms with. Once the property is foreclosed and bank-owned, selling it generally lies in the hands of the bank, and, therefore, some common problems begin to manifest.

8 Steps To Rescue Your Home From Property Foreclosure

Mon, 18 May 2015 06:32:38 -0500

In this high-strung real estate market, securing your beautiful home can be a herculean task. While you are busy building your dream home, the mortgage rates are soaring high. If you miss making a couple of payments, your property is likely to undergo foreclosure. Here's how you can save your home in such an instance.

Advantages and Disadvantages of A Real Estate Foreclosure Sale

Wed, 06 May 2015 07:04:21 -0500

When people buy a home, they usually do so with a mortgage. A requirement of having a mortgage is that buyers the payments on time every month for the life of the loan. If they don't, the home will eventually fall into foreclosure, and the bank will take control over it. The bank will eventually sell the real estate using a foreclosure sale. For buyers, foreclosure sales have some advantages and disadvantages.

8 Undisclosed Hazards When Purchasing Foreclosure Homes

Fri, 01 May 2015 12:35:45 -0500

Purchasing a foreclosure home may appear to be a deal of a lifetime. What could be better than buying a home for a portion of the market value? Many individuals believe that some of these homes may even be too good to believe.

3 Secrets To Gaining Profits From Property Foreclosures

Thu, 16 Apr 2015 06:48:16 -0500

Borrowers usually dread reaching the property foreclosure stage of a loan transaction. But what most of them don't realize, is that foreclosures can also lead to profits, if they proceed cautiously. Read on to discover 3 secret to gaining profits from property foreclosures.

After Foreclosure, What's Next?

Mon, 09 Mar 2015 14:18:39 -0500

Few things in life are more difficult than dealing with the process of foreclosure. Neither party wants to have to engage in a foreclosure but lenders have to protect their investment in any way they can so sometimes it is an inevitability if the mortgage isn't getting paid in the agreed fashion.

How Long Does the Foreclosure Process Take?

Wed, 25 Feb 2015 08:43:05 -0600

So now the unfortunate has happened to you and you have no choice but to allow foreclosure proceedings to begin on your home. Now what? How long will this process take? When will you need to leave your home? We will examine the answers to those questions in our article.

HOA Foreclosure Fees

Wed, 25 Feb 2015 08:40:14 -0600

Home Owners Associations are far more prevalent today than perhaps a few decades ago. Nowadays if you buy a condominium or a townhouse or even many average single-family homes; like it or not, you will most likely be a part of an HOA community. That means there will be various fees that you will need to pay on top of your mortgage. So what happens when your home is foreclosed upon? What fees can you expect to owe to your HOA? We will proceed to discuss this subject right now.

What Appliances Do I Own After a Foreclosure?

Wed, 25 Feb 2015 08:37:35 -0600

Let us say the unfortunate has happened to you and despite all of your efforts your home is in foreclosure. What are your rights as far as what you are allowed to take with you? Can you take all of the appliances? Can you take lighting fixtures or perhaps fancy sink and faucet sets you paid for yourself? We will attempt to shed some light on this topic and help you determine what you are and are not permitted to take when your home is foreclosed on.

Federal Programs to Stop Foreclosures

Wed, 25 Feb 2015 08:36:55 -0600

Are you dangerously close to foreclosure proceedings on your home? Are you feeling like there is no help for you and that you will lose your home? Well, fear not! There are now a number of United States federal programs available to such homeowners now. We will discuss some of them here. Perhaps one of these options will offer you a viable way out of your current situation.

Foreclosures: What You Need to Know

Wed, 25 Feb 2015 06:58:31 -0600

Roadside signs and online ads can commonly be found stating things like, "We buy houses." These ads are typically from real estate investors looking to obtain a discounted property, such as a property heading into foreclosure. A foreclosure, often referred to as a REO or bank owned property, is a type of distressed property that has reverted back under the control of the original lender. Real estate investors and discount home buyers often seek out these types of properties as an alternative to paying higher prices on traditional retail properties. In many cases, a foreclosure property will be sold at or below market value. In some situations, however, they will be sold for well above market value. For this and many other reasons, those who are interested in purchasing foreclosure properties should become familiar with the way foreclosures are transacted before attempting to invest large sums of money in this type of asset.

The Foreclosure Process After Bankruptcy

Mon, 09 Feb 2015 08:38:26 -0600

Does it make any sense to seek foreclosure proceedings after you have been successful in your bankruptcy case? Is this legal? What is the difference between foreclosing on your home before or after your bankruptcy case? What are the correct processes for doing this? There sure are a lot of questions regarding this matter. Yet all of them are good questions and deserve good answers. We are going to take a look at some of these answers right here in this article.

Reasons to File For Bankruptcy - Foreclosure

Mon, 02 Feb 2015 13:35:38 -0600

Unfortunately it does happen, especially when economic times are tough - people need to file for foreclosure on their home. It is not something that anybody liked to do. But sometimes it is necessary. Quite often other people jump to conclusions when someone loses their home to foreclosure. They chalk it up to irresponsible behavior. This is frequently not true. Most of the time; the circumstances are beyond the family's control. This article looks at some of the common reasons people decide foreclosure is their only way out. We hope to help shed some light on this subject for you.

Tips For Renting After Foreclosure

Mon, 02 Feb 2015 13:35:20 -0600

Let us say the unfortunate has happened to you and your home was foreclosed upon. Now you most likely will need to rent an apartment. This will not be easy as most landlords will run a credit check on you. In that case your foreclosure is sure to come up. What do you do now? We have some tips for you on how to successfully be able to rent a place after you have been the victim of a foreclosure. We hope these tips prove helpful.

The Benefits and Pitfalls of Buying a Foreclosed Property

Thu, 29 Jan 2015 13:47:48 -0600

This article discusses the foreclosure process and how it impacts the sale of the property. There are many advantages and disadvantages in purchasing a foreclosed home. This article reviews some of the main drawbacks in a foreclosed home and how to protect yourself from financial harm.

Can I Sell My House While It Is in Foreclosure?

Mon, 26 Jan 2015 07:16:34 -0600

When a home goes into foreclosure, the bank is starting a process of reclaiming property that they have a lien on. Generally, foreclosure proceedings start after one or two missed payments and can take up to a year or more to complete. While the foreclosure process is ongoing, a homeowner has a variety of options.

Professional Foreclosure Cleanup Services

Thu, 08 Jan 2015 07:21:46 -0600

When looking for help in handling a foreclosure cleanup that needs to be done. It is strongly advised that they seek the services of a professional foreclosure cleanup firm. This would be to avoid the possible pitfalls of selling a foreclosed home.

5 Tips For Buying A Foreclosed Home

Tue, 06 Jan 2015 08:28:44 -0600

Buying a foreclosed home is certainly a profitable property investment. But before you make that investment, you need to acquaint yourself with a few tricks of the trade. Here are five tips that'll help you in the buying process.

Ways to Profit From Foreclosed Homes

Mon, 05 Jan 2015 07:41:37 -0600

Are you thinking about investing in foreclosed homes to drive a profit? This article shows the different ways in which you can profit from investing in foreclosed homes.

Need Help With Pending Foreclosure On Your Home?

Mon, 05 Jan 2015 07:18:03 -0600

If you are in the middle of a financial crisis then you are most likely feeling like your world is caving in. Dealing with a potential foreclosure on your home is scary. Don't run from your problems face them head on. Let me help you.

How to Go Into Foreclosure

Mon, 22 Dec 2014 09:37:15 -0600

In today's world the sad reality is a lot of people are going into foreclosure on their homes. If you are contemplating that yourself, there are some things you ought to know first. Things such as how the foreclosure process works and what some ramifications are. We will discuss this topic in this article.

How to Sell Your House to Avoid or Stop Foreclosure

Thu, 18 Dec 2014 12:28:01 -0600

If you have fallen behind on your mortgage payments, your lender could choose to foreclose on the loan. This means that you will lose your house and suffer a huge hit to your credit score. However, you may be able to sell your home to stop foreclosure. How does selling your home potentially put an end to your foreclose dilemma?

Foreclosures and Your Income Tax

Fri, 12 Dec 2014 12:29:32 -0600

Deemed Sale - When you lose your home to foreclosure, or the property is given back to the lender (Deed in lieu of foreclosure), a deemed sale or exchange has taken place under Section ?1001(a) of the Internal Revenue Code. This sale or exchange of property could result in a tax gain or loss, and the recognition of cancellation of debt (COD) income to the taxpayer. Cancellation of indebtedness will result in taxable income to the taxpayer unless there is an exception within the statute (IRC Section 108) which is...

Why Not Foreclosure? Saving Your Home While You Can

Fri, 21 Nov 2014 06:35:31 -0600

If there is any investment we would never want to let go, that would be our house. We worked so hard just to build it so why not keep it? If you are thinking of selling your house due to foreclosure, here are some insights so you can avoid it while you can.

Avoid the Post-Foreclosure Nightmare

Thu, 20 Nov 2014 11:29:48 -0600

The consequences of a foreclosure can haunt you for years. Help is available! Be proactive! It's worth the effort!

How to Spot a Great Deal on a Foreclosed Home

Mon, 13 Oct 2014 05:35:35 -0500

One of the main reasons why families end up foreclosed is because of money. Sometimes people take too big of a step on getting a home and later can't afford it. Anyone with low income and low credit score are offered a "Subprime mortgage." Over time, they end up with higher interest rates and higher mortgages. But to make a great deal on foreclosed homes is what you're after. Then these helpful ideas can guarantee you a home without burning a hole in your pocket.

Why Buying a Foreclosed House My Be Your Best Bet As a Home Buyer

Thu, 09 Oct 2014 08:22:20 -0500

The housing market is cyclical and it currently is on a gradual rebound from the real estate collapse of 2008. The number of foreclosed properties is fewer than a few years ago, but there still are opportunities to buy a foreclosure at a respectable price.

Mistakes to Avoid on Flipping

Fri, 03 Oct 2014 05:30:48 -0500

Knowing when to walk away from a situational scenario that does not look promising, is not a prophetic science. Without question, some of the flips I closed and bought from builders in 2005 were clearly non-deal laggards that I should have walked away from. And I mean literally.

7 Ways to Stop Foreclosure Fast

Tue, 23 Sep 2014 08:39:49 -0500

The worst has happened, and your bank is threatening to foreclose on your home. What do you do? This is a trying time, and you might not be able to think of possible options. You might think that all hope is lost, and you're going to lose your home and ruin your credit. There are options, however, to stop that foreclosure in its tracks and preserve your credit and possibly even your home.

Avoid Foreclosure by Paying Mortgage Off Quickly

Mon, 15 Sep 2014 10:48:25 -0500

In today's world, it's very difficult to truly have job security. All too often, homeowners lose their jobs and it becomes harder to make your mortgage payments. A paid off home is not subject to foreclosure, unless of course, taxes remain unpaid.

Trustee Sale Criers Have Multiple Responsibilities

Tue, 02 Sep 2014 10:21:20 -0500

Topic: It is time to expand our concept of the responsibilities of the ubiquitous auctioneers at the scheduled trustees' sales. They are not simply "criers" and have multiple other duties that are required to notify the defaulted property owners by posting Notices of Trustees' Sales and properly offering the properties in an acceptable fashion at the courthouse steps. What other duties must these criers perform as required in California Civil Code 2924?

6 Key Questions to Ask Before You Hire a Forclosure Attorney

Mon, 25 Aug 2014 12:45:48 -0500

Today far too many hard working homeowners find themselves at odds with their bank or servicer. Frustration rises from botched modifications, predatory lending, mortgage fraud, illegal foreclosure and more. Homeowners turn to what at first appears to be the best solution for defending their home with an attorney. But buyer beware. More often than not money is unnecessarily drained away along with their home. Banking and finance are generally NOT specialties of the majority of lawyers. This article outlines key questions that must be answered to the homeowner's satisfaction before hiring the right foreclosure attorney if hiring one at all is even necessary to remain in your home.

3 Popular Foreclosure Myths That Harm Unsuspecting Homeowners

Thu, 21 Aug 2014 15:29:25 -0500

More than 4.9 million homeowners have been foreclosed upon since the financial crash of 2008. While the government has levied fines upon banks the assault continues. More often than not homeowners don't know where to get accurate information. This article features some plain talk about banking, attorneys and foreclosure.

5 Steps You Can Take To Stop Foreclosure - You Don't Have To Lose Your Home

Tue, 12 Aug 2014 13:07:32 -0500

It does not come as a surprise. You have anticipated the moment when you open your mailbox and found a foreclosure letter from your bank. Take a moment, take a deep breath, and grab the bull by the horns. You don't have to lose your home.

4 Damaging Effects of Foreclosure

Mon, 11 Aug 2014 13:11:25 -0500

Having to go through Foreclosure is traumatizing and not just for everybody involved. You could be affected as well without knowing about it if somebody nearby you had to foreclose their home. The most obvious effect is that you and your family lose your home but there are also several overlooked effects that should also be considered.

Foreclosure Vs Short Sale

Thu, 07 Aug 2014 05:18:54 -0500

If you can't afford to make payments on your home loan, two options are foreclosure or short sale. Here's a look at each and how it impacts your credit score.

Insight Into the Foreclosure Mediation Process

Fri, 01 Aug 2014 15:47:49 -0500

If you are considering entering foreclosure mediation, but aren't sure what to expect, don't worry. You are not alone. This article is intended to help ease your fears and give you more confidence about moving forward by providing some additional insight into how it works.

One Key Factor to Consider When Buying a House That Should Not Be Taken for Granted

Wed, 30 Jul 2014 07:40:41 -0500

Buying a house is exciting especially if it's your first time to have one. Just make it sure that it is in a safe location.

Broker Price Opinion Form Fill Automation

Thu, 03 Jul 2014 10:29:18 -0500

Up to now the most prevalent broker price opinion automation processes have used iMacros software. iMacros enables a user to call up a CSV export at the start of the script, followed by tags which direct the data from each spreadsheet cell to the corresponding field on the BPO form.

Broker Price Opinions and IMacros Achilles' Heels

Thu, 03 Jul 2014 10:25:48 -0500

iMacros has Achilles' Heels and I'm going to exploit them. Find out why this automation isn't the automation of the future for the Broker Price Opinion industry.

Broker Price Opinion Outsourcing and Management

Wed, 02 Jul 2014 15:55:01 -0500

As the market improves and less foreclosures hit the market, the volume of Broker Price Opinion's decreases significantly. Many realtors find it easier to acquire business on the listing end, and thus many drop out of the BPO scene altogether for greener pastures. What does that mean for the remaining BPO agents?

HUD Refinance Programs To Stop Foreclosure

Mon, 23 Jun 2014 08:11:06 -0500

There are a number of programs to assist homeowners who are at risk of foreclosure that the Obama Administration has implemented. Many of these programs are administered through the United States Department of Treasury and HUD. Today I want to talk about what refinance or modifications programs that are available. Below is a brief description of these various programs.

Seven Things to Check Before Buying a Distressed Property

Wed, 18 Jun 2014 06:40:17 -0500

A distressed property can be a beneficial buy but it can provide one with a lot of issues, too. The article provides you with a list of seven things to watch out for before buying a property of this sort.

Creative Foreclosure Avoidance Solution: Mortgage Assumption

Tue, 17 Jun 2014 07:32:19 -0500

When you're in a position where you need to sell your house but can't quite get it done due to amounts owed or legal obligations, there might be a way around it. At the end of the day all it comes down to is how serious you are about moving on with your life.

Foreclosure Solutions and Consequences

Tue, 27 May 2014 14:45:05 -0500

Here in this post we're going to discuss solutions to foreclosure and the aftereffects that may occur if you decide to let the bank forcefully reclaim your property. We'll go over subject to, short sales, straight purchases and a few other options.

Buying a Foreclosed Home: Advantages and Disadvantages

Wed, 21 May 2014 06:59:16 -0500

Foreclosed homes are tricky business. This article will educate you on the pros and cons of buying a foreclosed home. Read on and find out what they are.

How to Fight Banks During Foreclosure

Tue, 20 May 2014 11:01:15 -0500

Banks are the last people that you want to negotiate with when you're looking to do a short sale or save your home. You need a seasoned professional on your side to fight the big bad wolf the right way. I can help.

Renovation Loans: FHA 203(K), Fannie's Homestyle Renovation Mortgage and Conventional Rehab Loans

Wed, 14 May 2014 16:30:03 -0500

Today's mortgage market now includes home purchase and renovation loans. These loans are becoming more popular with first time homebuyers and those who want to live in primary residences. They make it easier to purchase foreclosures, bank owned properties and properties in need of repair. Learn more about rehab loans.

Is It A Crime To Fight For Our Homes?

Mon, 05 May 2014 14:16:37 -0500

Why are the Courts Charging Homeowners for a crime they didn't commit? Why are the courts siding with the Banksters in foreclosure cases?

Can Vacant Houses And Foreclosures Harm An Entire Neighborhood?

Mon, 05 May 2014 12:51:26 -0500

The process of selling your home can be a very complicated thing, and if you have distressed homes in your area it will make it even harder because they can lower the value of your house. Sadly, in today's market, it is a very real possibility even if your house is in great condition, if you are in an area that has a high number of foreclosures and short sales, that your house will suffer right along with those houses.

Steps Involved With The Foreclosure Process

Mon, 05 May 2014 12:50:34 -0500

There are not a lot of people that think about the possibility of losing a house to foreclosure when they first purchase the home. The process of foreclosures is not something that happens right away and in the following article we will talk about the various steps that a lending institution can take during the process.

Some Documents Require More Careful Examination

Fri, 02 May 2014 07:14:29 -0500

Making sure that you have carefully examined all of the pertinent documents affecting title and debt on your chosen foreclosure property prior to purchase is an unquestioned necessity. Are you comfortable with your understanding of the apparently innocent documents such as the abstract of judgment, assignment of the deed of trust, and conditions, covenants, and restrictions which can have a huge impact on the equity you seek? Take a look at these comments.

Find Out Why Foreclosures Are Bad For The Entire Block

Mon, 21 Apr 2014 08:40:03 -0500

If a homeowner is facing foreclosure it will turn their dreams of homeownership into a nightmare. The process of foreclosure doesn't just hurt the owner and the bank, it also will take a toll on the entire neighborhood. You may ask yourself how does another owner's problem affect your property?

Why in the World Would Someone File Chapter 13 Bankruptcy?

Tue, 15 Apr 2014 06:08:22 -0500

Over the last few years all I have heard on the news is how good things are and that recovery is in full swing. At the beginning of 2014 Janet Yellen got appointed as the new Fed chair and immediately started pumping up her plans of tapering quantitative easing. Since the last QE began, the Fed has admitted to printing $85 billion a month to add liquidity to the market.

Try and Save Your House From Foreclosure by Filing Bankruptcy

Tue, 08 Apr 2014 06:28:49 -0500

Back in 2008 the national debt was at $10.02 trillion, now that number is closing in on $18 trillion. It's crazy to think that it's almost doubled in five years.

BPOs and the Real Estate Agents That Build Them

Sat, 05 Apr 2014 11:58:56 -0500

To a mortgage company, having a BPO, or Broker Price Opinion, is a must when processing their foreclosures. Real Estate agents and Brokers play a important role in the accuracy of these BPOs.

An Easy Way to Buy Foreclosures and Save a Lot of Money, Written by a Long-Time Realtor

Mon, 31 Mar 2014 10:26:20 -0500

Do you want to know the easiest way to buy foreclosures? I am a long-time Realtor, and I am going to share the best ways to purchase foreclosures. I can tell you there are many misconceptions about buying foreclosures. Such as, you have to buy them at the court house steps or take big risks when buying foreclosures. There are many rewards in buying foreclosures but also many risks especially if you are not prepared. This article will give you some tips on the best approach to buying foreclosures.

What Is an REO? Real Estate Owned Properties

Thu, 27 Mar 2014 10:23:16 -0500

So many home buyers still do not know what a REO is. Your agent should know. You will come across REO properties if you are actively looking for a home, so here is at least the basics on what you need to know.

Property Loss Mitigation

Mon, 24 Mar 2014 13:41:25 -0500

Some of the options available to property owners in mortgage default are presented with a synopsis of the loss mitigation process. The applicability of the options depends on the stage of the delinquency, property profile, borrower profile, etc.