Archive for the 'Stop Foreclosure Help' Category

FDIC, Bank Takeovers, and the Foreclosure Process

With the significant increase in bank failures due to the financial collapse of 2008, more loans are being taken over by the Federal Deposit Insurance Commission. While the government stepping in may make the transition of loans from failed banks to solvent banks a little easier, in cases of default and foreclosure the situation can […]

Today I Was Forced To Serve A Five Day Eviction Notice

Since I was going through the process of evicting a non-paying tenant today, I thought I would share my experience and post the paperwork used. As this process moves forward, I will continue to post information about the entire process and the eviction results. Quite honestly, we are hoping this is enough to scare the […]

Why There Are So Many Foreclosures And How To Stop Them With A Loan Modification

Last month there were more foreclosures then ever before, which means they are increasing not decreasing, as some might say.  Obviously homeowners want to avoid foreclosure as do the banks.  Lenders do not want foreclosures written on there books, because it runs the risk of the bank failing.  Homeowners usually do not want to lose […]

Understanding The Foreclosure Process And Using It To Your Advantage

As most of you probably already know, your mortgage company will not accept your payments during the foreclosure process. The reason your mortgage company will not accept your payments is because they need to either be paid in full for all the arrears, or an acceptable repayment plan needs to be approved. If they accept […]

REFINANCE WHILE INTEREST RATES ARE LOW

 
If you are a homeowner with mortgage payments that are becoming hard to manage, or are in foreclosure, consult with a loan modification company today.  You may be eligible for a refinance or could be able to buy some time to get back on track.  The US government is encouraging lenders to work with struggling […]

Why the Foreclosure Problem is Not Going Away

The foreclosure crisis is an epidemic that is affecting every region in the United States, and while the current crisis outweighs most declines in the real estate market up until this point in history, foreclosures will always follow the dream of home ownership for many Americans.  Typically it only takes 3-6 missed payments for a […]

SELLING A HOME THAT IS IN FORECLOSURE??

 
If you are behind on payments or facing foreclosure, it is not too late to find a solution.  There are hundreds of foreclosure help services that are competing for your business, and are capable of modifying your loan or consolidating your bills into one monthly payment.  Many are offering services with no up-front fees, and […]

Loan Modification Questions and Answers

With the rise in foreclosures, more and more people are looking for solutions to stop the process.  As you search for help you may be thinking about a loan modification and if it is the right option for you.  There can be many pitfalls to the loan modification process; here I will go over some […]

Should You Walk Away from the Distressed Property?

There are thousands of investors who are delinquent on both investment properties and primary residences, and many are simply packing up and walking away. This is due to a number of factors like relocation. If you have determined that your home is simply too expensive, walking away has become a popular decision for […]

Getting Money From Your House After Foreclosure

Many people don’t realize this, but there are several laws in place that prohibit your lender from taking advantage of you in a foreclosure situation. Every day, I hear: “My mortgage company just wants my house because it’s worth more than I owe”. In a few cases, this may be true, but legally, your lender […]

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