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Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions
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Loan modifications are helping millions of people save their homes from foreclosure. A modification is one of the most popular foreclosure options that borrowers are turning to if they want to keep their home, but are experiencing a financial hardship. The government has put pressure on loan servicers and lenders to work with borrowers to… Read More »
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 »
Families across the nation are victims of the foreclosure process due to the declining real estate market and the economic crisis. There have been so many job losses that result in nonpayment of so many bills. Paying a mortgage has become very difficult for many American families. The foreclosure process is an ugly experience and… Read More »
