Pursuing a deed in lieu of foreclosure may provide some benefits as an foreclosure alternative, but it can be a confusing process. Although it may not take as long as other mortgage debt relief options, it does come with some additional considerations. In order to maximize your chances of mortgage relief it is important you  … Read more

The foreclosure process is overwhelming and stressful for anyone involved. Why are so many homeowners struggling to find a solution on their own? Perhaps they are afraid of becoming victim of a foreclosure alternatives scam. Or maybe they lack the knowledge and understanding about their options and how to proceed. In either case, reports show  … Read more

If you are like most Americans, you may be confused by all of the different mortgage relief options available. Besides the various options, finding out which  one is best for you and your financial situation can be even more overwhelming. One thing is clear, you want to avoid foreclosure. Before agreeing to anything, review the  … Read more

Despite increased government efforts to help underwater homeowners, many are still finding themselves denied for loan modifications and in foreclosure. The Home Affordable Modification Program (HAMP) is just one of a handful of federal programs designed to help homeowners, but whose efforts have been disappointing at best. Barely one-third of homeowners who would qualify for  … Read more

Although the government has created several programs to help homeowners secure loan modifications and avoid foreclosure, recent reports show that the programs simply are not performing as well as intended. With so many people continuing to struggle to maintain their mortgage and keep their homes, why aren’t more people being helped? Common Causes Part of  … Read more

When facing foreclosure there are several options to consider. For those who are unable to secure a loan modification or refinancing agreement, and would prefer to stay out of bankruptcy; a deed in lieu of foreclosure can be a viable option. However, it comes with some additional considerations that all homeowners should review before pursuing  … Read more

A mortgage is a long term investment, one that soaks up the majority of each household’s budget. While paying extra on your mortgage principal can help you get out of mortgage debt and own your home free and clear much faster, it isn’t for everyone. If your home is currently worth less than you owe  … Read more

As more homeowners slip into mortgage default on a home with a rapidly declining home value, the need for change is more pressing than ever before. The foreclosure crisis has plagued our nation long enough and it is time to solve our mortgage debt dilemma. While some actions have been taken by both federal and  … Read more

The foreclosure crisis has taken its toll on homeowners and local housing markets alike. As a way to help homeowners get in touch with reputable mortgage debt relief help, many state and city governments have begun to hold free seminars for consumers. Free Help For Homeowners As one of the hardest hit areas for foreclosure,  … Read more

Many people find the mortgage process to be overwhelming, but it doesn’t have to be. Whether you are looking for a new mortgage or looking to relive your mortgage debts through a loan modification, knowing the key terms associated with a mortgage can help you get the best deal possible. Amortization Schedule—is the time it  … Read more