Mortgage default is no place for anyone, but it is an unfortunate reality for many. If you have already received notification of an impending foreclosure there are still a few actions you can take in efforts to halt the process. Even if you don’t think you can afford to stay in your home, it never  … Read more

Many hardworking people have suffered having their version of the American dream crushed by a foreclosure. No one sets out to get into a mortgage only to end up in default and out on the street while their home is taken into foreclosure. Unfortunately, this has been the reality for many. As the nation works  … Read more

The foreclosure process is not  kind to homeowners or tenants of rental properties. Both parties stand to lose and both may experience the undue stress of eviction. Whether you are a homeowner occupying a primary residence in foreclosure or you are a tenant of a rental property being foreclosed on, there are important things to  … Read more

It is common knowledge that foreclosures can have negative effects on all of those involved. The borrower ends up losing their home and the lender is stuck with a home that carries a mortgage debt they are not likely to recoup. The negative effects can reach even further than those directly involved and many neighborhoods  … Read more

Did you know that each states handles foreclosures differently? In fact, there are some very important differences in how the foreclosure process is managed between states, which can significantly impact your home and future. Getting to know how states vary in terms of foreclosure can help you better prepare in the event of a financial  … Read more

The foreclosure crisis has become a national problem, one that reaches far beyond the boundaries of a neighborhood. Although people assume that a foreclosure isn’t their problem unless it is their house that is under threat, many are learning the hard way that this simply isn’t true. A single foreclosure on a street can negatively  … Read more

The foreclosure process is one that no one wants to experience firsthand, which is why many people seek alternatives to avoid foreclosure. While this strategy can produce some great benefits, it also comes at a price. Besides the additional effort involved with a deed in lieu of foreclosure or a short sale, there are also  … Read more

Facing foreclosure is scary enough, but having to pay large fees to get help avoiding it is even worse. Many people don’t realize that there are many resources available to help develop a plan to avoid foreclosure at no cost to them. There is no need to hire a foreclosure prevention company to handle your  … Read more

When you are drowning in an underwater mortgage the threat of foreclosure looms around the corner. Many people succumb to foreclosure simply because they don’t know all of the options available to help get relief from their mortgages. There are short term and long term solutions to managing mortgage debt, the key is to know  … Read more

Homeowners are not the only ones affected when a property enters foreclosure. If the property is occupied by renters, they will also be put out by the process, literally. Many renters find themselves without very little notice regarding the property’s financial standing until they get a notice on the door notifying them to vacate the  … Read more