Archive for September, 2009

Types of Loss Mitigation Negotiation

Posted by admin under: Loss Mitigation Sep 30

By Kevin Redmon

Whether your circumstances involve negative home equity, late loan payments or mortgage default, there are options to revive your position in the real estate market. The following offers a closer look at some of the most common forms of loss mitigation negotiation, including short refinance, short sale debt negotiation, loan modification and cash for [...]

Stop Foreclosure Sale When Your Mortgage Company Will Not Work With You

Posted by admin under: Stop Foreclosure Sale Sep 29

Being able to stop foreclosure sale when your mortgage company refuses to work with you can be a challenge at best, a nightmare at worst. But there are still ways to save your home from foreclosure even if your mortgage company will not work with you.
You even have options if your mortgage company will not work [...]

Understanding Foreclosure Process

Posted by admin under: Foreclosure Process Sep 25

By: Antony White
Foreclosure is the process whereby the lenders repossess a home while the homeowner fails to make mortgage payments regularly. The value of the property is used as a guarantee against non- payment of the debt and hence the home owner is forced to sell the property at a rate which is less than the [...]

Loan Modification Procedures

Posted by admin under: Foreclosure Process Sep 24

When you are in a period of extreme financial difficulty, it may be best for you to look into a possible loan modification procedure.
While it is not initially easy to be approved for a loan modification procedure, it may be in your best interests to try to at least obtain some information from your bank. [...]

Short Sale v/s Foreclosure

Posted by admin under: Stop Foreclosure Sale Sep 23

The real estate crisis present a range of difficulties to the common man. One should possess adequate knowledge of all the laws and rules of one’s land; especially when the fight is not to make profits but to save from the losses. Short sale v/s foreclosure is one such agony faced by many individuals. Read [...]

Is the Nonjudicial Foreclosure Process Illegal?

Posted by admin under: Foreclosure Process Sep 22

By: Nick Adama
In states that allow a nonjudicial foreclosure through a power of sale clause in a deed of trust, homeowners find that their properties are sold out from under them without a hearing or chance to defend themselves. In fact, it is up to the borrowers to bring a lawsuit into court against the lender [...]

Two Simple Solutions To Avoid Foreclosure On Your Home

Posted by admin under: Uncategorized Sep 21

By: Sean Roberts
Due to default on your payments, if your lender, bank or mortgage company is looking to take your home through foreclosure, you should be looking for solutions to prevent this from happening. Here in this article, we are going to look at two simple things you can do to stop the proceedings and save [...]

How Home Loan Modification Can Help Stop Foreclosure

Posted by admin under: Stop Foreclosure Sale Sep 18

by Dustin Ronde
No one is happy with the housing crisis. President Obama isn’t happy, which is why he initiated the HAMP (Home Affordable Modification Program) in the hopes of the foreclosure storm. Banks aren’t happy, sitting on vacant homes that they can’t resell in the current market; costing them a millions a month. Homeowners aren’t [...]

Foreclosed Homes for Sale and the Equitable Right of Redemption

Posted by admin under: Stop Foreclosure Sale Sep 17

Foreclosed Homes for Sale and the Equitable Right of Redemption – By Tom Lindblom
Foreclosed homes are becoming easier and easier to find. This is naturally attributed to the recent credit crunch and will, in the weeks and months to follow continue to happen due to the rise of inflation on a global scale. But there [...]

The Benefits Of A Mortgage Loan Modification To Prevent Foreclosure

Posted by admin under: Foreclosure Prevention Sep 16

Advanced countries are advanced solely because of their fast growing economies. So to stay in the lead the economy needs to be sound and be cushioned against major threats such as economic crises. There are many policy options that can be utilized for this purpose and mortgage loan modification is a significant one especially when [...]