Foreclosure can be a confusing issue with intricate rules, laws, and methodologies, so it comes as no surprise that millions of American’s have questions concerning what to do with their homes when lenders come knocking.  It is best to speak with a foreclosure attorney when it comes to your questions, but here are a few  … Read more

A recent press release from the Internal Revenue Service announced their plans to open the 2014 tax filing season on January 31. The press release from the IRS also encouraged taxpayers to take advantage of Free File or e-file methods in order to receive the quickest refunds. Wait for End of Month The IRS has  … Read more

For underwater homeowners, a short sale may be the best option available. When an individual owes more on a house than it is worth, a short sale allows that person to sell the house and give the proceeds to the lender to satisfy the debt. The remaining amount is then discharged and the two parties  … Read more

Refinancing your home mortgage can be a wonderful opportunity to take advantage of a variety of different things. Many people refinance in order to avoid foreclosure, get a lower interest rate, or extend the term of the loan. If refinancing your home is in your future, you may want to take a look at some  … Read more

If possible, it is always advisable to seek out the services of a foreclosure attorney when going through the process. A foreclosure attorney has been through hundreds, or even thousands, of foreclosures in a career and can help you in ways you never even thought possible. But choosing the right foreclosure attorney can be a  … Read more

While home prices across the country have seen a steady increase for the first time in nearly six years, there is a looming storm on the horizon. For the many Americans hoping to take advantage of the Mortgage Debt Relief Act of 2007, time is winding down. Unless congress comes in and extends the act,  … Read more

Following suit with the IRS, who just announced it will no longer tax people for the short sale of homes at full market price, is the state of California. This announcement comes as a major break for those looking to short sale their home and avoid foreclosure. Potential Effects of the Short Sale Rule While  … Read more

With the news stories, internet statistics, and neighborhood visuals, it can seem like a mortgage modification is merely a dream. But getting a mortgage modification is in fact possible, and here are a few tips on how to set yourself up for success: The Plan for Success First off, you need an expert. When pursuing  … Read more

According to recent third quarter numbers, the national negative equity rate fell at a rapid pace. Despite this quick freefall, the number of people with underwater mortgages is still high. Twenty-one percent of all American homeowners are still underwater with their mortgage. These statistics come from the Zillow Negative Equity Report for the third quarter  … Read more

If you are like most people, your home is the most valuable financial asset you own. That’s why it is critical to understand the ins and outs of your mortgage and what refinancing could do for your finances and equity. There are a variety of reasons people consider refinancing, including low interest rates, an attempt  … Read more