Are auctions the best places to buy foreclosures? In Florida alone, thirty six homes will be auctioned off on August 12th. There are many real estate investors that do well when it comes to getting properties at auctions. However, the process of buying a home at a foreclosure auction is not for [...]
Foreclosures are now part of everyday life in the U.S. Homeowners are desperate to stop this disaster from hitting them and their loved ones. This group of distressed people comes to the notice of foreclosure scams. These scammers are willing to locate homeowners in distress and the blind them with the misguided [...]
The majority of people in the United States believe in God or another higher power. If these believers lose their home to foreclosure my wonder if this higher power cares. Most assuredly there are homeowners across the nation who are getting down on their knees and praying to their God or higher power [...]
When someone first buys a home and gets a mortgage loan, they may have been offered what appeared to be a very reasonable loan with good terms. However, if they fell victim to predatory mortgage practices, things can get bad very quickly. Mortgage servicing companies are hired by investment banks to collect payments, [...]
Continue reading: Foreclosure Fraud
Putting your home up for sale in order to avoid a foreclosed home is one of the most common steps taken by homeowners. You might be able to maintain possession of your home if you can show your lender that your poor financial situation is only temporary. No matter what your situation, the [...]
Continue reading: Foreclosures
Recently it was reported that a home that was remodeled on the reality show “Extreme Makeover” went into foreclosure.
In 2005 a home owned by a family by the name of Harper was demolished and replaced with a brand new, four bedroom mini-mansion. The home was located in Lake City, Georgia. Once the home was [...]
Continue reading: Extreme Makeover Foreclosure
It is common knowledge that because of the foreclosure crisis, banks across the nation are dealing with many financial issues, just like the typical homeowner is. There are about four hundred public and private lenders that have closed down because of the credit and current foreclosure crisis that is now facing our country. [...]
Continue reading: Foreclosure When Your Bank Fails
Every day, we hear about more home foreclosures across the U.S because of the negative effects of subprime mortgages. With all of the foreclosure bad news it’s easy to forget the smaller victims of the mortgage mess, our pets. When a family loses their house to foreclosure, the family pet also loses a [...]
Continue reading: Pets and Foreclosure
