Distraught homeowners often do not know or understand their rights during the foreclosure process.  Many assume that once a lender initiates the foreclosure process, they must either bring the payments current or lose their home.  Many do not consider their rights as home owners as leverage for slowing or even stopping the foreclosure process altogether.  … Read more

A lot of people wonder how soon after a foreclosure they can purchase a new home.  The answer can be very different for each homebuyer depending on circumstances.  For the most part, foreclosure is very similar to bankruptcy when it comes to being able to purchase another home.  The time to successfully find another lender  … Read more

Foreclosure is a process that, when done properly, takes several months from beginning to end.  For homeowners hoping to save their homes, this is good news.  It means that, with the help of a foreclosure attorney, they may be able to stop the foreclosure. The Beginning The first step of the foreclosure process is when  … Read more

Foreclosure, the “F” word is every homeowners nightmare. Falling behind on payments can happen quickly when economic pressure arises and financial hardship strikes, leaving your home vulnerable to the hands of the bank. Even worse is that, depending on your state of residence, you could have less than 30 days notification of your impending foreclosure.  … Read more

Last week, the Florida Supreme Court heard arguments in a foreclosure lawsuit that could leave a major impact on how banks do business. The landmark case has the potential to unravel thousands of prior foreclosure cases and lead to in depth investigations into bank practices. Legal Eye Several Florida banks could face severe financial penalties  … Read more

Foreclosure scams have popped up around the country as more homeowners struggled to find solutions in recent years. Despite legitimate mortgage debt relief solutions, many people fell victim to what appeared to be reputable companies offering help. As the industry continues to suffer at the hands of mortgage debt, increased efforts have been aimed at  … Read more

A foreclosure is typically the last type of house a buyer wants to consider when shopping for a home. Although there are some great deals to be found among foreclosures, there are also plenty that have some considerations before buying. Cautious Preparation One of the biggest issues surrounding the purchase of a foreclosure is the  … Read more

Homeowners can be devastated by a foreclosure, but renters often have it worse when a property enters foreclosure. The effects go far beyond simply being evicted and many renters have had a tough go of finding adequate housing when the property they rent ends up in the hands of the bank. Eviction Notice Depending on  … Read more

It comes as no surprise to learn that experiencing a foreclosure is one of the top ten stressors in life. In a marriage, foreclosure can rank among the top three stressors that cause strain on the relationship. Unfortunately, a new link has been discovered suggesting that the foreclosure rate and divorce rate do have some  … Read more

One of the biggest criticisms over the foreclosure crisis has been the inability for many homeowners to receive help when they applied for it long before their home ended up in foreclosure. Stubborn lending practices and under qualified borrowers clashed to create one of the biggest real estate disasters in history. Now, there are many  … Read more