Archive for April, 2009

Things Not To Do When Trying To Avoid Foreclosure-Part 3

If you are trying to avoid foreclosure there are some definite things you should not do.   This article will tell you all about the steps you should avoid if you really want to stop that foreclosure.  It is important to know what to do and also viable to know what not to do, if you […]

Things Not To Do When Trying To Avoid Foreclosure-Part 2

With the entire rise in foreclosure in America, people need to start looking early on ways to avoid foreclosure.  Most homeowners should try to look into ways to prevent foreclosure, the moment they decide to buy a home.  You never know when you could fall into economical hardship, but being prepared early on is wise.  […]

Things Not To Do When Trying To Avoid Foreclosure-Part 1

If you are looking to stop foreclosure on you home, I’m sure you have read a lot of articles on what you should do, but what about the things you should NOT do? This article will tell you all about the steps you should avoid if you really want to stop that foreclosure. […]

Early Step To Take When In Foreclosure

If you are in foreclosure and trying to stop it, you know that time is critical and need to make use of how much you have.  The best way to do this is to make sure you are taking the right steps toward stopping the foreclosure.  Otherwise you will just be spinning your wheels and […]

Step-By-Step Guide On Getting A Short Sale Approved When Facing Foreclosure

If you are trying to stop foreclosure, you may have decided to try and do a short sale on your home.  A short sale is where you make a request of to your lender, to sell you home at a price that is less than what you owe on the mortgage.  Lenders usually agree to […]

Many People Really Don’t Understand What A Short Sale Is

A short sale is a greatly misunderstood transactions in real estate and foreclosure. I ask people all the time if they know what a short sale is. Many times, they say yes and when I ask them to describe a short sale to me, their understanding is often quite different from reality.
While lenders don’t necessarily […]

Step by Step - Sheriff’s Sale Process

Most states in the US have their own legal processes when it comes to how a sheriffs sale can work. If you are facing foreclosure or sheriffs sale, it is a good idea to contact your lender or local attorney to be clear on how the process works in the state of your property. This […]

Foreclosure Scam Warning Signs-What To Watch Out For

With the increasing number of foreclosures in the US housing market, comes a rise in foreclosure rescue scams.  It is hard to believe that people still take advantage of others in their time of need, just to make money.  These people are truly scumbags and need to be stopped.  If you are facing foreclosure, you […]

How Deed in Lieu of Foreclosure Works

If you are facing foreclosure one option to avoid it is known as deed in lieu of foreclosure.  Deed in lieu of foreclosure is where the lender agrees to take over ownership of the your property and you voluntarily deeding the property to the lender.  So basically you give up your home and land to […]

LOAN MODIFICATION - Step by Step

Loan modification is becoming more and more common for homeowners who are behind on payments or facing foreclosure. The American government has taken a very active role in attempting to stabilize the housing market. The Obama administration has encouraged banks and lenders to be as accommodating as ever to work with struggling borrowers who are […]

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