Archive for January, 2009

Do you need a lawyer to stop foreclosure?

Most people in foreclosure have enough financial troubles; people often wonder if adding to the bills and hiring a lawyer to help stop the foreclosure is necessary.  While it is helpful to have someone on your side that knows the ends and outs of the foreclosure laws, it isn’t mandatory to hire one.  You can […]

What is and who qualifies for a reverse mortgage

Today you are going to find rising cost in just about everything; food, gasoline, medical expenses and even mortgages.  This is highly affecting everyone, but one group it is extremely hurting is senior citizens, or people over the age of 62.  With all the inflation, some seniors have to decide between paying their mortgages, or […]

Accepting Foreclosure And When To Move On

If you have been experiencing unemployment, lack of job opportunity, home foreclosure and overwhelming credit card debt you are like a million other Americans out there.  This can be an unsettling and stressful time for most people.  One of the most important things to relieve the stressful burdens is to figure out what you should […]

Learn About Short Sales

A short sale is when the lender on a property will accept less than the full amount due on their loan when the property is sold.  You will find people and banks who are trying to avoid foreclosure on a home accept a short sale offer.  Most lenders will accept a lower dollar amount because […]

When Should You File Bankruptcy When Facing Foreclosure?

You can file for bankruptcy whenever it is most appropriate to do so in your foreclosure situation. When you file will have a lot to do with the final outcome of the foreclosure and your ownership of the house, though, as well as any lasting financial repercussions.
If you file before the sheriff sale, the sale […]