Category: Foreclosure
Buying a Foreclosed Property
I received an email today with questions and concerns about a foreclosure sale. Here it is with my response:
Foreclosures – Are They Coming Back?
Foreclosure rates are increasing for the first time after 36 months of decreases.Check out these numbers:
Why Would a Lender Accept a Short Sale?
When the proceeds from the sale of your home would not be enough to cover your costs, here’s an option:
CitiMortgage Launches Home Rental Program
Citi’s goal is to allow owners to stay in their homes rather than being forced out through foreclosure. To qualify, an owner must:
To qualify, an owner must:
Can’t Make Your Mortgage Payments? 12 Possible Solutions
Can’t make your mortgage payments? There are many options, so don’t panic! Here are just a few:
Message to Congress on Small Home Mortgage Foreclosures
Read this Message from Franklin D. Roosevelt to Congress. American Presidency Project, April 13, 1933. We have been here before..
Foreclosures – More Profitable Than Loan Modifications?
These perks give servicers little incentive to offer loan mods, and some incentive to push loans into foreclosure.
6 Options When You Can’t Make Your Mortgage Payment
No longer able to make your mortgage payment? Here are 6 options for any homeowner in this position:
10 Options for Sellers facing Foreclosure
Here are 10 of the most common options for sellers in default or anticipating being in default:
BB&T Shadow Inventory
Just received this interesting email from a friend. Shows how little we actually know about what’s going on with the economy other than what we hear on the news. For everyone who is ready to speculate in the market again, I would caution you. When […]
Find out more about my books:
