No one wants to hear the F word, but in today’s market, everyone is talking about it. What exactly is foreclosure and how does it affect you? Let me break down what you need to know about the process.
Foreclosure is a process, not a thing.
People often misuse the term “foreclosure.” Foreclosure is a series of events, [...]
Foreclosure is not the most cheerful thing to think about, but it is an element of reality every homeowner should be aware of and comprehend fully.
We fear what we don’t understand. The concept of “foreclosure” is frequently misunderstood and frequently feared. Understanding the concept of foreclosure with precision maximizes your ability to take action to improve [...]
Foreclosure is the sequence of legal proceedings by which a lender sells or repossesses a home when the homeowner has stopped making payments on the mortgage. As a homeowner, understanding the individual steps of the sequence is critical to understanding your rights and responsibilities along the way.
These days, very few states require the lender to take [...]
If you have missed fewer than three mortgage payments or are anticipating that you might have to miss them in a month or so because of life circumstances, put your smarts in action and implement this simple plan to avoid foreclosure. Don’t confuse simple with easy; avoiding foreclosure can take time, patience, money and effort, but [...]
How Can You Max Out Your Chances of Working It Out?
Explain your financial hardship and why it is/was temporary.
If you lost a job, explain why and give details as to why you believe you will be re-employed soon. If your mortgage rate and payment are adjusting, explain that and show that you made your payments on [...]
Recent Comments