Selling a home is tough, especially in today’s market. With so many foreclosures and short sales on the market, the average home value is being drug down by their low prices. However, selling a home in this market doesn’t mean you have to take less than what the home is worth. Just keep these few … Read more
Many homeowners have fallen victim to foreclosures at the hands of unlawful practices by lenders. Caught up in the massive paperwork scandal, some homeowners have turned to drastic measures to help get their homes back. The Occupy Movement took on a new mission a earlier this year, aiming to help foreclosure victims by moving into … Read more
Many people have lost their homes to foreclosure due to unexpected financial hardships, but there are ways to minimize this risk. Regardless of the reason why you may be at risk of foreclosure, or even if you aren’t, there are always options. Get To Know Your Options If you own a home and are not … Read more
The foreclosure process isn’t easy for anyone involved. The bank loses much of the money they invested in the loan and the homeowner is left without a place to live and damaged credit. Rarely has anyone stopped to consider the impact that a foreclosure has on the children in the evicted family, until now. Impacting … Read more
The foreclosure process is a scary one and one that shouldn’t be braved alone. After all, the bank has many people on their side helping to facilitate the foreclosure process. Why should you face the process alone? Representation Helps The purpose of a foreclosure lawyer is to ensure that the law is on your side. … Read more
The real estate market has had some signs of recovery in the last few months, but plenty of concerns remain. The biggest issue currently looming over the future of the market is what will happen to all of the foreclosures. The market is saturated with foreclosed homes, many of which are considered undesirable for many … Read more
The first quarter of 2012 reports are in and showing foreclosure filings have fallen to their lowest levels since 2007. While the number of new foreclosures are slowing to levels prior to the housing market collapse a few years ago, this new data has brought both hope and skepticism to the struggling industry. Good And … Read more
If you ask anyone what comes to mind when they hear the word “foreclosure”, they would certainly not describe it as “friendly”. A deed in lieu transaction is what is commonly referred to as the friendly foreclosure because it is often less damaging to the homeowner than a traditional foreclosure. The Basics A deed in … Read more
There has been much attention over the changes to several of the government’s Making Home Affordable Programs. The Home Affordable Refinance Program (HARP) has been expanded in the new 2.0 version to reach more homeowners in need of lower mortgage payments. Now, the Home Affordable Foreclosure Alternatives (HAFA) program has also had some significant changes … Read more
For homeowners who were unlawfully foreclosed upon, the recent program to review these proceedings came as good news. The foreclosure review process was designed to evaluate individual foreclosure cases to determine if affected homeowners are due reimbursement. However, a new study shows that very few potentially eligible homeowners have taken advantage of the review program. … Read more