Preforeclosure: What Is It and How Does It Work?
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 [...]
Is It Safe To Buy a Home In 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 [...]
What can you do when your house is in pre-foreclosure?
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 [...]
Tips for How to Navigate Buying Foreclosed Properties
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 [...]
How to Work Out Terms With Your Lender
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 [...]
What is a Loan Modification and How Do I Use It?
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 [...]
Unemployment Is The Main Reason For Foreclosures So Far In 2019
The Washington Post recently reported in 2019 that unemployment has been the primary reason for mortgages dropping over the past year and has been the primary reason for foreclosures. Over the [...]