When you and your family are faced with losing your property to foreclosure fraud, one way to fight back is to use a legal strategy called Quiet Title. No matter how many investors, lenders, or banks are involved on paper with your property,you can challenge their interest, encumbrances, and liens in the land and end the dispute once and for all. A quiet title action lawsuit brings all the paperwork concerning your property under scrutinization...more
As a real estate investor, you are already aware of what happens when a given homeowner could not pay up the mortgage; the lender is left with nothing but the option of taking possession of such property. This is known as foreclosure. After taking full possession of the property, the lender is left to decide what to do with the house but in almost every case, such home is put up for sale in the form of an auction in order to recover as much as...more
If you are about to lose your house, you can make one last attempt at saving it when you hire a foreclosure lawyer. You have probably found by now that most banks will not work with you, but now you do not have to rely on them. Learn how this type of attorney can help you. Few homeowners know their rights. This is why they might start making plans to immediately leave their house once they get a notice that it is going up for auction. However, banks have to follow certain laws, and they cannot kick families out of their home without a certain amount of notice. The exact laws vary by state and they occasionally change, but a foreclosure lawyer can keep you updated on the ones that apply to you. At the very least, you can schedule a consultation before you hire anyone, as this lets you know whether your rights are being trampled. If so, your attorney will probably let you know what you can do about it. Of course, he or she can also tell you if the bank is within its right to kick you out so you can move on. If it turns out your foreclosure lawyer thinks there is a chance of saving your house, you can start planning together. He or she can let you know all your options, as well as...more
Its no secret that now is a great time to buy real estate, due to the recent economic crisis and millions of homes across the nation being foreclosed on by their lenders. Your buck will go a lot further now than in the future and theres no telling how long the inventory of foreclosures will last.If youve always dreamed of becoming a millionaire by...more
When my company downsized, my earnings was significantly decreased, and I dropped behind on my small mortgage obligations. Fannie Mae was my lien holder, and I found out how simple it is to be at a loss for a federal national mortgage Property foreclosure and believe you have no options. The simple truth is, thanks to the expert information...more
Foreclosure is an undesirable situation, especially for those who want to continue living in their homes, which they used to. When this happens, they are often looking for ways to avoid foreclosure, and if possible to stop foreclosure for good. There are many situations where the foreclosure happens to people, when they lose their source of income, when they forget to pay the necessary expenses, when they should leave, etc. Although it can be a stressful situation, it can be effectively solved with the right attitude and adequate assistance to those who can resolve the situation. I am looking for ways to get out of the predicament is a sign that they take responsibility for the foreclosure, and is the first step towards solving the problem.People can choose to avoid the penalty for as long as possible, or they may decide to terminate the sanctions. How to prevent or stop it depends on the particular circumstances that they are, but it largely depends on the decision of the creditors. In order to avoid foreclosure, it is better to be on good terms with the lender. How to avoid does not mean ignoring the lender especially when he tries to establish a connection. They should talk to...more
When the housing bubble burst, thousands of families were rendered homeless. The Los Angeles foreclosure courts were very busy attending to distressed individuals who would have lost their homes if not for the lawyers who fought tooth and nail to...more
Foreclosures were the best option defaulters have a few years ago. However, the trend has been completely changed by the introduction of a new mode of selling your home faster known as short sale. There are certain rules and regulations states set...more
According to a group of leading financial experts, US state and federal laws that were set up to safeguard homeowners from eviction after the housing crash of 2008 might be responsible for extending the slump period. The state that has worst suffered...more
The recent developments in the United States in the wake of the passing of strict homeowner laws in Nevada has outraged many experts, who believe the recent laws have actually slowed down the entire foreclosure process, with no visible benefit to the...more
FacIng foreclosure Is probably the most dIffIcult thIngs any home owner encounters. No one lIkes to manage the possIbIlIty of losIng hIs or her home, only one of many mortgage foreclosure consequences. Fortunately If you behave In a tImely manner you...more
Unfortunately, in today's economy, it's not uncommon to see homes becoming the victim of foreclosures. While that's great news for buyers looking for new homes, it's not such good news for those who are in the process of losing their home. If you're...more