Foreclosure Help
February 6, 2017
A foreclosure isn’t the nicest process. It means somebody has just lost a home. However, it also opens new opportunities particularly for people who want to get into the real estate business or buy a cheap home. Where We Stand Today US foreclosures have definitely come a long way since 2009 when the recession was… Read More »
Foreclosure Help
March 12, 2012
There are various state and federal grant funds available to U.S. first time home buyers through the United State Department of Housing and Urban Development (HUD) and various state agencies. Federal grants are normally given to states or organizations, which in turn give them to eligible home buyers to use towards repairs, energy savings improvements… Read More »
Foreclosure Help
February 15, 2012
Before you decide to purchase a home, you need to check your credit report and score. Lenders decide to extend you credit based upon your credit worthiness. High risk borrowers may still be able to obtain a mortgage, but at higher interest rates. Borrowers with high credit scores and good credit get the best mortgages… Read More »
Foreclosure Help
June 11, 2011
Investors should consider taking advantage of the housing choice voucher program offered by HUD. The purpose of the program is to assist low income families and elderly or disabled people with clean safe housing by subsidizing their rent. Tenants are given vouchers by the local housing agencies to find their own housing. It can be… Read More »
Foreclosure Help
December 15, 2010
In the lead up to the festive holidays most of us want to focus on buying great gifts, finalising travel plans and arranging catch ups with family and friends. We don’t want to be worrying about money, but with the US economy still struggling it makes that very difficult. Keeping on top of financial commitments… Read More »
Foreclosure Help
December 2, 2010
If you are falling behind in your mortgage payments, you might need to sell your home before your lender forecloses. If you have equity in your home, then you can sell it and pay off the mortgage. But for millions of homeowners who do not have equity and are upside downtown on their mortgage, there… Read More »
Foreclosure Help
June 9, 2010
The government has been putting pressure on lenders to stop foreclosure auctions and prevent more homes from going to foreclosure with its HAMP and HAFA programs. Borrowers who qualify can either refinance, obtain a mortgage modification, be approved for a short sale quickly or obtain forbearance. These programs are designed to help homeowners who are… Read More »
Foreclosure Help
April 27, 2010
The very first thing that would probably come to your mind when you hear the terms foreclosure, foreclosed homes or foreclosed houses is a picture of shabby, small houses that need all the repair and renovation they can get. This is actually far from the real thing. The truth is that most of these houses… Read More »
Foreclosure Help
April 19, 2010
Millions of homeowners have lost their homes to foreclosure. According to Realty Trac, 2.8 million households faced foreclosure in 2009, and the numbers are expected to rise to approximately 3 to 3.5 million homes for 2010. High unemployment rates are contributing to many homeowners defaulting on their mortgages. More than 315,000 households received a foreclosure… Read More »
Foreclosure Help
November 23, 2009
Statistics do not reveal the true figure of how many tenants are displaced due to the foreclosure process. Some landlords are not forthcoming and do not end up telling the tenant that they are going through foreclosure. Instead, most of them keep it a secret from their tenants and do still collect the rent. However,… Read More »
Foreclosure Help
November 9, 2009
Now you know what a foreclosure sale is, how do you go about finding them? Well there are a number of places you can look. In this guide we will go through the pros and cons of each to give you a better idea of what to expect and the savings you can make. 1.… Read More »
Foreclosure Help
November 2, 2009
Government foreclosures are becoming increasingly high and so has Bank REO foreclosures as well. If you are one of those individuals that are currently experiencing the doom of foreclosure, there is help. The loss mitigation department of your bank will usually help you to do a short sale. What is a short sale? It is… Read More »