Foreclosure. It is a word dreaded by increasing numbers of homeowners across America. It conjures images of losing your home, disruption to your family, the stress of relocation, even the threat of homelessness. But if you are facing foreclosure, you need to know what happens during a foreclosure and your rights and obligations. Foreclosure occurs when you cannot pay your mortgage and the holder of the title to your homethe bank or the title...more
Life after a foreclosure can be filled with lots of doubt about what the future will hold for you and your family. Losing a home can be very devastating and is hard to recoup from. Life however does and will go on for better or worse. You can make rebuilding life after a foreclosure a beneficial learning experience that will prepare you for a sound financial future if you are willing to commit to regaining your stability.For those seeking to move...more
The scene of Decatur Foreclosures EforeclosuresearchDecatur in Georgia is the county seat of DeKalb County. Recent news by a publisher of national database of foreclosure and bank owned properties announced that the Georgia foreclosures condition in the months of May and June. In May, the foreclosure activity was up by 11 percent whereas in June,...more
Understanding why California foreclosures have been occurring in the Golden State over the last several years could be important for those people considering investing in California real estate or for those thinking about buying a home in California. At present, more people are looking to sell their homes (oftentimes without success) than there are...more
Making the decision between foreclosure and short sale is not easy. The foreclosure is the option that really isn't an option. When it happens, you won't be consulted, you won't be given time to vacate the property and you'll basically be tossed out onto the street. There are plenty of pictures, videos and stories of this happening to people, especially after the latest economic bubble, the real estate bubble, imploded due to the amount of shady lending, ridiculous appraisals and endless pitches to people who never should have qualified for a mortgage.Should I Wait for a Foreclosure or Short Sale my Property? By: Sean Crosier About the Author I'm Sean Crosier, the owner of Golden State Real Esate in Simi Valley, CA. In these tough economic times, many homeowners are facing foreclosure. On behalf of the homeowner, I'll negotiate with their lender to get them to agree to a short sale. My primary goal is to not only get the lender to agree to a short sale, but to also to get them to release any right they have to pursue the debt after foreclosure.In dealing with a short sale, it's critical to have a strategic plan in place for negotiations. I have several...more
You can get in touch with a credit adviser who would help you to take decision in a critical period and even negotiate with the lender so as to lower the interest rates and suggests you the ways to avoid foreclosures now and also in the future.Things...more
There is no fixed assurance on the value of the property in the present scenario of the property market. The worth completely depends on the needs of the prospective buyers which may vary from time to time. It becomes very difficult to assess such...more
One of the ways that you can improve your chances of success in foreclosure investing is to know where and how to find lists of foreclosures efficiently. This is primarily because in foreclosure investing, time is of the very essence. This is an...more
The development is especially troubling given how large the foreclosure market is. Before the scandal erupted, real estate professionals predicted that 41 percent of residential sales this year would be on distressed properties. Typically, distressed...more
So you are looking for a good bargain on your foreclosures purchase. You should consider HUD foreclosures for sale available across the country. The HUD or the U.S. Department of Housing and Urban Development is the main housing authority in the...more
Foreclosures in Tampa have all the qualities of foreclosed homes plus the advantage of a highly livable community. The affordable prices of homes and the wide range of choices are always a boost to the buying decision. There is also a wide range of...more