The last couple of years have been quite unstable for the housing market. People are facing foreclosure and losing their homes. According to statistics, in Florida 4% of all the mortgages are facing foreclosure proceedings. It is obvious [...]
More than 50% of foreclosures would be avoided if people contacted their lender. So be proactive and aggressively pursue all options you have because you do have quite a few tools you can utilize to mitigate as much loss to [...]
As a real estate investor in Central Florida, I’ve come across many homeowners who are facing foreclosure for the very first time and they all seem to make the same mistakes. When you have fallen on hard times due to [...]
How will a drop in Fixed-Rate Mortgage Rates help HomeownersWikipedia defines Fixed rate Mortgage owing to “a mortgage loan where the overcome rate on the note remains the stable now the convey image of the loan, Visit Here Now http://mortgage-loan-broker. blogspot. [...]
Product DescriptionAre you stressed out about mortgage payments? Do you think your only option is foreclosure? Is a short sale right for you? Millions and millions of homeowners are asking themselves the same question. So what can you do now? Allow Tim and Julie Harris along with Certified Distressed Property Expert, Kathy Toth, to [...]
Product DescriptionThe “Short Sale”. With over 20% of homeowners nationwide now “upside down” on their homes, owing more than their homes are worth, this is a valuable guide on how to sell a home for market value even if that is less than what is owed on the home. This [...]
This morning on CNBC News Bob Moulton, from the Americana Mortgage Group, stated that almost 3 out of 4 Americans own homes. Will someone break those numbers down for me and explain which 3 out of 4 Americans Bob Moulton was talking about?
HELOC Loans Getting Hard for HomeownersThe Big Picture, a bear investment blog by Barry Ritholtz,Visit Here Now http://mortgage-loan-broker. blogspot. com recently highlighted a NYT article about home equity line of credit loans becoming scarce in an environment where banks are overextended and [...]
With the current unemployment rate in the U. S. rising to nearly 10%, the foreclosure crisis has affected nearly 938,000 properties between July to September, compared with 890,000 in the previous quarter, and a 23% increase from the third quarter [...]
Product DescriptionThe author, an experienced foreclosure lawyer, shows how foreclosure proceedings vary according to the nature of the mortgage, security instrument, and methods of foreclosure, with charts detailing differences by state. He discusses the legal angles of foreclosure and outlines proven workout strategies for FHA, VA, FNMA and conventional loans. . . . [...]