Miami, which is housed in Florida, is also known as the Magic City. This is a place where you can find recreation, pleasure and work meet. Miami is a place where you can live your life to the fullest. Building a home here, at the Magic City, may just be the best decision you have ever made.If you are convinced that this is the place where you and family can settle down, the next thing to do is to find a home that you can call your own. If the...more
Oakland foreclosures can be found at several different neighborhoods that are suited for those looking for a home located at the heart of the city where the action is, or one that is tucked away in its numerous serene hills and its fantastic bay area. While home hunting and research can be a lot of fun, buyers should also set aside a good deal of their time and effort looking for a good mortgage.For most, the main consideration when choosing a...more
Reports suggest by end of 2012 about 4.25 million properties would go through foreclosures. It is time to stop and analyze where exactly the problems lies and not blame only the lenders for the complete issue. Considering the whole issue holistically, it can be observed that a foreclosure that use to take 289 days to close about five years ago now takes 492 days and, in some cases, 600 days to close. Even then, there are people who want the banks and courts to put a halt on foreclosures to avail more extended time. This lengthened time is not solving the problem instead would deteriorate the housing market situation even further in the long run. A question to consider here is, if a homeowner is staying in a particular house for more than a year, does he/she require more extension to sort out the issue? Lenders are trying to help borrowers through modifications, but not every homeowner can receive a modification and not every house can be saved from a foreclosure. Recent reports state that extended time is only going to put the housing market through more troubled waters. In a study done by Robert M. Stanton, Michael Seiler, and Andy Collins, professors at Dominion University,...more
These days a lot of people are still interested in owning a new house. Even if you know you are capable of paying a mortgage loan, it is still best if you will assess your financial standing first since it is so hard to pay for a mortgage loan if you also send your kids to school and you have other debts to pay such as credit cards. There are lots...more
Why Foreclosure Defense Usually Means Foreclosure Delay Homeowners in Florida who are behind on their mortgage payments and are facing foreclosure need to know their options. Although there have been countless news stories about banks who have engaged in "robo-signing" tactics and other dirty tricks, homeowners need to be realistic about...more
Knowing when the foreclosure process starts in your State Many homeowners are either facing foreclosure or maybe in jeopardy of falling into foreclosure. There are always a lot of questions about the foreclosure process that people do not know the answers to. This article will discuss some of the basic things you should know if you are in foreclosure or you are about to fall into foreclosure.How many payments behind do I have to be before I receive a foreclosure notice? It will depend on your state and depending if your state uses mortgages or deeds of trust for the purchase of real property. Usually, states that use mortgages conduct judicial foreclosures; states that use deeds of trust conduct non-judicial foreclosures. The principal difference between the two is that the judicial procedure requires court action on a foreclosed home.What does it mean if I am in a judicial state? If you live say in Connecticut, they use the judicial process to foreclose on a property, meaning they go through the courts to foreclose on a home. Again the timeline will vary from state to state.What if I am in a non judicial state? If you live in Tennessee the foreclosure process will be...more
Short Sale: How a Short Sale Can Help You Avoid Foreclosure Today's market is filled with distressed homes for sale. It is said that one out of every four homeowners in today's market is facing foreclosure. Foreclosure on a property has...more
Narrowing the search for foreclosures in Colorado Recent reports indicate the number of homes listed for sale in many urban areas, including foreclosures in Colorado, have dipped by amounts larger than usual for the month of November.Since the...more
Foreclosure hearings in Hillsborough, Florida open to everyone Chief Judge Manuel Menendez Jr. of the circuit court of Hillsborough County has emphasized that foreclosure hearings has always been open to the public in the area. The judge added...more
Free foreclosures not available but deals are There are many people looking for a deal when it comes to foreclosures in Lithonia GA, but they can't stretch their luck and find free foreclosures at the same time. Still, when you start to follow...more
Three Workarounds To Stop Foreclosure There is no doubt that the stopping foreclosure key starts with the timing of the initial debtor action. The most common cause of losing your home results from waiting too long to respond to a foreclosure...more
Nevada Supreme Court Considers Foreclosure Mediation Program Changes The Nevada Supreme Court is set to again consider proposed amendments to the existing rules that comprise the current Nevada Foreclosure Mediation Program. The program is now...more