Tag "foreclosure"
5 Tips to Avoid Foreclosure After You Lost Your Job
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 homes if they ever come close to dealing with foreclosure.
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.
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
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.
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
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
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
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
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
Purchasing A Foreclosure? What You Should Know
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 Review: The 10 Commandments of Money
Top Internet money adviser presents contemporary financial advice. Liz Pulliam Weston, author of Your Credit Score and MSN columnist, has released a new book titled, “The 10 Commandments of Money.” This time around Weston speaks to the consumer who was pummeled by the most recent recession who would, in this case, be nearly every single one of us.
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
Double Dip Recession Possible If Housing Slide Persists
Tweet Here’s an unpleasant thought: as the nation gradually pulls away from the worst recession in more than a generation, consumer confidence begins to wane and job creation evaporates. That
Buying Foreclosed? Consider This First!
Tweet Not many people are calling the bottom of the housing market yet, realizing that in some markets further declines in home values may still be happening. But, for the
What You Should Know About PreForeclosures
Tweet For the homeowner who is behind on house payments, the threat of foreclosure looms large especially as months pass without a payment. In some markets owners may fall behind
