Debt settlement is a powerful tool that few consumers take advantage of in today’s world. Creditors are attributed with having all the power in the lender/borrower relationship, but the fact is that the borrower has power too. Harnessing good strategies for credit negotiations will help you settle your unsecured debts for less than you may  … Read more

According to a foreclosure lawyer , foreclosure starts – the measure by which many industry professionals measure the status of the market – are down by nearly 40% from last year’s numbers. That is a very good sign both for the long-suffering housing market, and for the individual homeowner; the latter being less and less  … Read more

If you are considering loan modification options, you may be wondering whether a loan modification program will affect your credit score. The answer can vary widely based on a number of factors; in general, loan modification does affect credit score, but how and how much is almost entirely based on the individual’s case. How Loan  … Read more

Those considering buying a short sale doubtless know about the appealing benefits. And it certainly is true that your dollar will go further in the purchase of a short sale home than it would otherwise. Still, there are practical considerations regarding these sales that every potential buyer would do well to inform themselves about, says  … Read more

Sometimes it can be helpful to take a big step back and look at a situation from the big picture view. If you are looking into foreclosure, whether you are in mortgage debt and afraid you may be faced with foreclosure in the future or are researching the options you may have, it helps to  … Read more

If you are one of the many Americans currently suffering from crushing mortgage payments, you are probably aware that there are loan modification options you can take advantage of. You may or may not also be aware of the various refinancing options available to you. Here are a couple loan modification and refinancing tips to  … Read more

The coining of a new real estate term has real estate experts running scared: recently, a leading realty tracking firm released a report on what it has termed “vampire” foreclosures, where the homeowners are still living in the foreclosed property. According to this report, these “vampire” foreclosures are artificially inflating the housing market, and could  … Read more

For too many people, credit score is some arbitrary number that exists somewhere out in the cosmos and comes down from time to time to affect their ability to get a loan. In fact, your credit score is a derived formula from a number of different credit factors, and knowing where the number comes from  … Read more

Debt settlement is an option that many people suffering from high debt have considered at one time or another. The idea of settling one’s debts for a fraction of the total amount is undeniably attractive, after all. However, there are some serious pitfalls to going the debt settlement route, as well, so it is important  … Read more

The state of Nevada has had a hard time of it in the housing crash and its aftermath. Even now, Nevada ranked dead last in terms of nationwide foreclosure rates for 2013. Three months ago, the state passed a new law easing foreclosure requirements, but just this week another new law adds more complications to  … Read more