Foreclosure numbers throughout the US are only increasing. They are especially prevalent in the hardest hit areas like Nevada Real Estate, Phoenix Arizona Homes, and Fresno CA Homes, but they are everywhere. The number of home buyers isn’t exactly increasing either. If … Continue reading
HUD has just announced a new program that will essentially give no interest loans to homeowners who have had a loss in income, to help them make their mortgage payments. The program will work through a variety of state and … Continue reading
What are foreclosures? They are the way to get money back when a debt is not paid. NOD – Notice of Default – The first step to being “in foreclosure” is receiving the notice of default. Missing payment is just … Continue reading
This stat is pretty sick. Well you know all the talk about HAMP loan modifications, making homes affordable so that people don’t foreclose, going through hoopes to give default borrowers below market rate loans, and reduce principle. Well, according to … Continue reading
In the crazy world of increasing foreclosures, foreclosures are costly, they hurt both the bank and the person being foreclosed on. Short Sales, are the most common alternative to avoid foreclosure, but short sales are very time consuming, ineffective, and … Continue reading