Homes are not Alone in being Foreclosed on
Thursday, March 04
You may or may not be familiar with home foreclosure, perhaps not firsthand, but familiar via knowledge of what it is. Foreclosure is a condition that occurs when an owner does not make payment on a loan that has been secured by property. In many cases that property is the home. In some ca...
Will 2010 Be a Better Year For Foreclosures?
Tuesday, March 02
No one argues that 2009 has been anything but a terrible year for residential real estate in the United States. Foreclosure proceedings were instituted at the average rate of three hundred thousand per month. The average home value dropped over seven percent, and that’s with record low mo...
Mortgage Scams in California
Tuesday, March 02
In recent years, there has been a marked increase in the rate of residential real estate foreclosures. Widespread foreclosure brings with it feelings of despair and, at times, desperation. After all, who actually wants to lose their home, and often at the same time, their entire savings? ...
Helping Foreclosure Victims
Sunday, February 28
In today’s uncertain economic times each and every homeowner either faces the possibility of foreclosure, knows someone else that is in danger of foreclosure, or is even in the middle of the process. That’s why it is important to understand the foreclosure process as well as the profession...
Understanding the Pre-Foreclosure Process
Friday, February 26
It’s no secret that home loans are being foreclosed upon in record numbers. Traditional reasons such as job loss, divorce and medical bills are still in evidence. However, there is a newer reason as well. The lenders have actually added to their own problems by making home loans at unreaso...
Government thinking about Foreclosure Freeze
Thursday, February 25
The White House is currently pondering changes to its mortgage modification plan that might very well include a freeze on foreclosed homes. Industry people who have been briefed on the plan, are saying that the Obama administration is considering changes which would require home-loan servic...