I received an email today with questions and concerns about a foreclosure sale. Here it is with my response:
Foreclosure rates are increasing for the first time after 36 months of decreases.Check out these numbers:
When the proceeds from the sale of your home would not be enough to cover your costs, here’s an option:
What makes a property a “flip”? Are you a “flipper”? Should you be?
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? There are many options, so don’t panic! Here are just a few:
Read this Message from Franklin D. Roosevelt to Congress. American Presidency Project, April 13, 1933. We have been here before..
These perks give servicers little incentive to offer loan mods, and some incentive to push loans into foreclosure.
How do you know you’re in threat of foreclosure?
No longer able to make your mortgage payment? Here are 6 options for any homeowner in this position:
Here are 10 of the most common options for sellers in default or anticipating being in default:
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 […]