by Sal Shakir | Jan 20, 2021 | Foreclosure
People who don’t make their mortgage payments on time may receive a letter from their lender letting them know that their property is going into preforeclosure. Those who do not take action run the risk of losing their homes for good. This predicament can be...
by Sal Shakir | Dec 4, 2020 | Foreclosure
You’ve been keeping your eye on a certain neighborhood in your area. It’s filled with the kind of homes that you’ve dreamed of owning. One day as you are driving past, you see that someone is selling a home is in foreclosure. You think to yourself,...
by Sal Shakir | Jul 24, 2020 | Foreclosure, Housing 101, Real Estate Questions
Are you having trouble paying your mortgage? You are far from being the only one. With unemployment at a record high, many people are faced with difficult decisions when comes the time to pay their bills. It is only a matter of time before they receive a notice of...
by Sal Shakir | Jun 26, 2020 | Foreclosure, Housing 101, How To, Tips for Real Estate
A foreclosed is a house or home put on sale by a bank, government or lenders after taking the ownership from the owner who cannot continue to pay their homes or mortgages. The reasons related to foreclosure include of owners bankruptcy, the owner is having more debts...
by Sal Shakir | May 13, 2019 | Blog, Foreclosure
When you hear the term “workout,” your mind might immediately jump to your gym routine. In fact, in the terms of a mortgage, “working out” with your lender takes on an entirely new meaning. A loan workout is a way to come to a workout...
by Sal Shakir | Apr 12, 2019 | Blog, Foreclosure, Housing 101
Whether you’re a first-time homeowner or an experienced property investor, it pays to understand your mortgage and its terms. A loan modification is any change made to the terms of an existing loan. The change itself is made by the lender, and it’s usually...