Each year, homeowners all across the United States find themselves surrounded by financial issues that can ultimately lead to the foreclosure of their homes due to unpaid loans or an outstanding mortgage. The purpose of the foreclosures is to provide the company who presented the homeowners with their loan a return to cover the full funds. However, in some cases the foreclosure will not produce enough to pay off the loan in full. When this...more
When a foreclosure deficiency judgment is handed to most home owners, who are already facing foreclosure, it can cause extreme distress. This can normally be due to a lack of education on the part of the homeowner. Do realize that it is very important that if you are a homeowner who has recently received a foreclosure deficiency judgment, that you seek immediate assistance to fully understand exactly what your specific deficiency judgment...more
All Americans have a constitutional right to "Life, Liberty, and the Pursuit of Happiness". In fact this should be the right of every human being on earth. No American can exercise these rights if their liberty is bound by debt slavery, a slavery to the banks. Our lives are spent in the pursuit of financial freedom. How can this be freedom, when the masters of your debt slavery can so easily snatch away that freedom if the interest is not paid!Foreclosure is not an easy thing to deal with. A few sad folks who are facing the inevitable trials and tribulations of foreclosure and eviction, rarely accept the reality of it, until the sheriff comes knocking at the door, on behalf of the banks, to take possession of their home.However, the majority of the people who are foreclosed know well in advance, often many months prior to the day, that the "day of dread" is fast approaching. How many prepare for this and start to think outside of the box?Plan A was to do the right thing, and pay and pay, until you cannot pay any longer, and in the end you still lose your home, and lose all the good money you threw into what has now become the "money pit"."Good money" because, from the moment you...more
Foreclosures are an important component ruling the recession scenario in Bay region counties. The maintenance of such properties is an issue of concern for many and for the neighbors these properties are literally nothing but more trouble.In Citrus County the conditions of the residents in one foreclosure prone areas is made all the more...more
There may come a time in your life when you are faced with a foreclosure after you are unable to make your mortgage payments. In fact, in the United States, foreclosures on homes are increasing by nearly twenty percent a year. This unsettling trend could be due to the current condition of the economy, and also could be due to too many homeowners...more
Help after foreclosure is yours to obtain, if you know where to turn to. Most people are under the false impression that all foreclosures are cut, dry and simple. This however, is not always the case. Sometimes, when a home goes through the foreclosure process, it is done so in order to pay back all of the loans or mortgages that have been left unpaid. If the total value of your foreclosed home is not large enough to cover the full expense of the loan, then the lender may file a mortgage deficiency judgment against you. Now, a mortgage deficiency judgment is most commonly used by a lender to acquire the full total amount of revenue owed to them, and unfortunately it could be very possible that the foreclosure does not provide the full amount of the loan back. This is when a mortgage deficiency judgment will be filed, and will force the homeowner to pay off the remaining balance in full. The main problem with this is that the majority of the people who are facing a foreclosure will not have the funds available to pay the mortgage deficiency judgment off. This could lead to further liens or other judgments that could completely destroy the financial future of the homeowner. The first...more
Foreclosures reverse hope in Memphis – ForeclosureConnectionsThe current American foreclosure crisis is affecting people right across the social spectrum. This includes the wealthy, the middle class, and the emerging successful too – stories...more
Foreclosure Attorney Fake SignaturesPriorities MisconstruedIndividuals may possibly contemplate saving their houses based on such documents but this would only be a temporary deal, because there have been many mortgage fraud troubles cropping up...more
Life isn't always fair. For instance the United States gave a single corporation, AIG, almost $200 billion in taxpayer bailouts, since they were considered, too huge to fall flat. However, homeowners, (evidently too tiny to care about), have only...more
Foreclosures Have Leveled off in Some RegionsThe American economy is going through one of its challenging phases. Unemployment is at its peak and people are faltering on mortgage payments. As a result, foreclosures are at an all-time high. However,...more