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Home Selling

5 Tips to Avoid Foreclosure After You Lost Your Job

Tweet Foreclosure is a word most people never want to hear or discuss in their life. That is one of the main reasons why most Americans end up losing their

Home Selling

How to Sell Your Home by Owner

You’ve decided to sell your home. Instead of working with a real estate agent, you plan to sell it on your own. Done right, you stand to save as much as 5 to 6 percent in broker fees, a significant chunk of money no matter the cost of your home.

Loans

What You Need to Know About Zombie Foreclosures

Tweet The term “zombie foreclosures” represents homes where owners have moved out while in foreclosure, leaving these houses to turn into neighborhood blights. Zombie Foreclosures As of 2013, more than

Home Buying

What You Need to Know About Buying a Foreclosed Home

Home foreclosures continue to impact local housing markets, with some areas of the country still recovering from deep losses and repossessions dating back to the late 2000s.

Money News

How to Avoid Becoming a Foreclosure Statistic

Tweet Stay in your home and avoid foreclosure. If you are behind on your mortgage payments there are some things that you can do to avoid foreclosure. We list those

Home Financing

Bank of America Tests Foreclosure Option

Tweet Helping consumers through the mortgage crisis. The bank’s “mortgage to lease” option is being made available to more than 1,000 homeowners in New York, Arizona and Nevada, potentially giving

Consumer Financing

Foreclosure Is Not Inevitable For Distressed Homeowners

Tweet In 2011 the foreclosure rate actually fell, but a significant increase in foreclosures is expected this year despite recent success by the Obama administration to have lenders contribute $25

Home Buying

What Are REO Properties?

Tweet Failure by homeowners to make scheduled mortgage payments triggers the foreclosure process which leads to a home eventually becoming an REO property. REO Defined Not all homes in foreclosure

Home Selling

Why Short Sales Take So Long (And Often Fail)

Tweet Waiting out a short sale is a lesson in endurance. Welcome to the world of real estate short sales, a process that can take months to resolve. And, one

Home Buying

Purchasing A Foreclosure? What You Should Know

Tweet By Kevin Simpson When a property owner is unable to meet the terms of his mortgage and falls behind on payments, one route the lender may take is foreclosure.

Book Reviews

Book Review: The 10 Commandments of Money

Tweet Subtitled, “Survive and Thrive in the New Economy,” Weston’s latest book attempts to paint a positive, though profoundly realistic picture of the world we live in today. Gone are

Home Selling Money Management

Short Selling May Not Resolve Your Problems

Tweet Consumers seeking to save their homes from foreclosure and the resultant long term hit to their credit ratings will sometimes put their homes on the market and accept a