Foreclosures

May 18, 2013

Tenants Rights with Foreclosures

Tenants Rights when a Property Forecloses

Like other types of property, real estate that is used as rental property can be sold, or may be affected by foreclosure proceedings.  However, sales and foreclosures don't just affect the owners of rental properties, but also the tenants or renters of ...

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May 7, 2013

Short Sale and Your Credit Score

How will a Short Sale effect your Credit Score?

Conflicting Information

It used to be that lenders wouldn't even consider a short sale if your payments were current, but that has changed.  However, often, lenders will typically be more willing to negotiate if your payments are in arrears ...

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April 15, 2013

New Fannie Mae Guidelines

Fannie Revamps Rules on Delinquent Loans

Well, a little late if you ask me but very needed nonetheless - Fannie Mae has announced that they have new rules to require mortgage servicers to act consistently and more rapidly with helping homeowners avoid foreclosure. 

Fannie told mortgage servicers they must try ...

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Jan. 28, 2013

10 Tips to Avoid Foreclosure

Our "How To" Guide to Avoid Foreclosure on Your Home

If you are can't make your mortgage payment:

1. Contact Your Lender As Soon As You Realize That You Have A Problem.

Lenders would rather not foreclose.  They have options such as loan modifications and the like to ...

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Dec. 25, 2012

7 Ways to Avoid Foreclosure

Dont't fall prey to Foreclosure! Use these 7 tips to Avoid Foreclosure on your home.

Read some great articles recently on facing foreclosure.  Following are 7 ways to avoid foreclosure for you or anyone you know who may be in this situation:

1.         Loan Modification

            One ...

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Posted in Foreclosures