Did you know that each states handles foreclosures differently? In fact, there are some very important differences in how the foreclosure process is managed between states, which can significantly impact your home and future. Getting to know how states vary in terms of foreclosure can help you better prepare in the event of a financial  … Read more

Commercial mortgages aren’t immune to the effects the economy has had on real estate. Many businesses are holding onto mortgages for dear life in hopes of weathering the economic storm. However, as property values have declined and foreclosure numbers peaked even large companies are looking for ways to lower mortgage costs.   The 504 Program  … Read more

The foreclosure crisis has become a national problem, one that reaches far beyond the boundaries of a neighborhood. Although people assume that a foreclosure isn’t their problem unless it is their house that is under threat, many are learning the hard way that this simply isn’t true. A single foreclosure on a street can negatively  … Read more

Although the housing market is not as strong as it was a few years ago, there are many people still in the position to buy. Many of these buyers are considering short sales or foreclosures in order to get a good deal. Buying homes in the midst of mortgage trouble may not be a bad  … Read more

Dealing with creditors is never a fun experience. Whether you are fielding collection calls or trying to get something from them, creditors tend to be short and inflexible.  As you can imagine, credit card negotiations is no different. Since the creditor holds all of the veto power over any negotiated deal, getting them to help  … Read more

Homeowners in Connecticut will get a unique opportunity to get free foreclosure help for their underwater mortgages. State officials have organized a way to extend help to tens of thousands of homeowners nearing foreclosure. The convention will be held on Tuesday, November 15th at the Connecticut Convention Center, offering residents a chance to get help.  … Read more

Managing tax debts is not easy. Just the act of getting a hold of an IRS agent in person is a challenge in itself. However, contacting the IRS directly to resolve your tax debts can be your best tool for managing unpaid taxes.     Be Polite The old saying “you can more flies with  … Read more

Drowning under your debt is a difficult time. Although there are many mortgage relief options available, many people find the process overwhelming. Even worse is that many people seek help from agencies only to find out the company they are working with is not operating professionally. Before you become a victim of a mortgage relief  … Read more

The foreclosure process is one that no one wants to experience firsthand, which is why many people seek alternatives to avoid foreclosure. While this strategy can produce some great benefits, it also comes at a price. Besides the additional effort involved with a deed in lieu of foreclosure or a short sale, there are also  … Read more

Avoiding foreclosure by way of a short sale can be a saving grace for many people. However, the process isn’t the easiest and can intimidate many homeowners. As the seller, there are a few things you can do to ensure the success of your short sale. Representation Although many people have successfully negotiated the short  … Read more