Archive for the 'Selling a Home' Category
One of the complaints of many homeowners that fight foreclosure but whose homes have significant equity is that their house is auctioned for far less than its fair market value at the county auction. In the majority of cases, there is no one else bidding at the sale besides the original lender, and the bank […]
A question I hear a lot is if homeowners will still owe money to the bank or government after foreclosure or short sale. This really all depends on how successful the short sale or auction was and how much their home sold for verses how much they owed on it. Even though the agreement is […]
Foreclosure happens when a homeowner cannot meet their monthly mortgage payments. After missing a couple of consecutive payments to your lender, they will begin the foreclosure process on you. There are many options available to homeowners to try and use to stop foreclosure. Today we area going to look at the short sale option and […]
Facing foreclosure is a stressful time in a homeowner’s life; the thought of losing a home is an unsettling one. You took time finding the right place for you and your family. You put the effort in getting it set up and furnished for your needs. You probably looked at several other homes until you […]
In today’s current economic environment, 1 in 5 homeowners are behind on their monthly mortgage payments, or facing the risk of default. It is important to understand that although this is a bad situation to be in, it is possible to get out of it. Homeownership, while advantageous to build equity and increase wealth for the future, […]
If you are facing foreclosure and see that you are not going to be making your mortgage payment on time or have already missed one payment, then you are in the pre-foreclosure stages. Meaning the bank hasn’t foreclosed on you yet, but it could possibly happen in the near future. This is a time you […]
When homeowners are trying to save a house from sold at sheriff sale and eviction procedures, they almost always want to know what the best solutions are to avoid foreclosure. While there is no “best” solution, only ones that work and ones that do not, potentially bad decisions by borrowers, state foreclosure laws, and current […]
If you are facing foreclosure, then you are likely looking into options to get out of it. One you may have seriously considered is doing a pre-foreclosure sale on your home. If you are still in the early foreclosure stages then this is something to seriously consider. A pre-foreclosure is when you sell your home […]
It is human nature to procrastinate, or put uncomfortable chores off until the very last minute. Some people put off paying bills, until the day they are due, even if there is a rush payment penalty. Procrastination is an unhealthy habit to have and hard to break, there would be a lot more […]
There are many methods to stop foreclosure on your home; the one we are going to examine today is selling your home. Getting your home to sell quickly may be one of the best options for foreclosure relief. There are many little tricks to prepare your home to sell faster than other houses […]
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