Can I get another mortgage loan after going through a foreclosure process? Unfortunately, this is going to be a fairly common question in American, for years to come. We saw record-breaking numbers of foreclosures from 2008 - 2009, and 2010 is shaping up to be another bad year for the housing industry. So let’s examine [...]
There are legitimate ways to stop foreclosure on your home. They don’t work for every homeowner in every situation. But it’s certainly worth your time and effort to research them. This article explains some of the ways you can stop mortgage foreclosure before it starts.
The Foreclosure Crisis Drags On
I saw a mortgage statistic earlier this [...]
Cheap means different things to different people. So let me start by clarifying what I mean by cheap houses, in the context of this article. When I say “cheap” in this lesson, I’m referring to houses that are priced below current market value. In other words, properties that are priced to sell quickly — for [...]
In this article, I’ll explain how you can easily foreclosed homes for sale in your area. I’ll also tell you how to have this foreclosure data sent directly to your email inbox, without any extra effort from you.
Get started at RealtyTrac: Find a Foreclosure Home Now!
There’s a flood of foreclosure activity across the United States [...]
Reader Question: “A friend of mine just purchased a short sale property, and he said he would never do it again because it took such a long time. I’ve heard other horror stories about the process being slow. Why does buying a short sale home take so long to complete.”
You have heard correctly. While the [...]
I just saw a segment on my local news channel about the startling rise in foreclosure rescue scams in the United States. I’ve covered this topic before on the Home Buying Institute news blog, but never on this blog. So here’s an updated look at the most common foreclosure scams in use today, and what [...]