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

The state of Nevada isn’t taking mortgage lending lightly these days. As one of the hardest hit states of the foreclosure crisis, Nevada residents have suffered a lot at the fate of the economy and poor lending practices. In efforts to stamp out  further troubles with mortgage and foreclosure scams, the Nevada Division of Mortgage  … Read more

While refinancing your mortgage can be a great tool for lowering your payments and gaining control over your mortgage payments, the process is quite tedious. There are numerous requirements and eligibility criteria you will have to face in order to successfully obtain a refinanced mortgage. Before going into the process it is best to prepare  … Read more

Homeowners may soon find some more confidence in lending and mortgage debt solution practices as a recent report stated that foreclosure alternatives are on the rise. Short sales transactions have surpassed foreclosure numbers for the first time in many years. Changing Tides According to the latest data, the number of U.S. homes sold in short  … Read more

Despite the array of benefits available with a mortgage modification, the truth is they aren’t for everyone. Depending on conditions with your home and your financial situation, you could find that a mortgage modification isn’t going to provide the kind of help you need. Considerations As an alternative to foreclosure, mortgage modifications are a great  … Read more

Part of your responsibility in owning a home is paying your property taxes. Failing to keep up with property tax payments can lead to serious consequences and even put your ownership of the home at risk. Property Tax Debts Failure to pay property taxes results in tax debts. Once you owe tax payments on your  … 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

Just as quickly as things fall into place life happens and the unexpected becomes a reality. As a homeowner, protecting yourself against financial hardship is crucial to the success of maintaining a mortgage and avoiding foreclosure. While there is no guarantee that any unforeseen circumstance can be controlled by preparation, you do have a far  … Read more

The biggest complaint both a buyer and the seller have about a short sale is the time it takes to complete the process. Although a better alternative to foreclosure, the short sale process has been known to drive away potential sales for lenders. However, Fannie and Freddie are taking steps to streamline the process that  … Read more

Credit negotiations are a great tool for anyone looking to resolve their debts directly with creditors and regain control over their finances. However, most people enter the process unprepared and not knowing what to ask for. When seeking to negotiate your debts, plan ahead and know what plan you want to follow to resolve your  … Read more