Stopping the Foreclosure Process
The foreclosure process can be stopped if you really want to save your home or your credit. There are a few things you can do which include getting caught up on your payments, sell your home, or a deed in [...]
‘Process’ Tagged Posts
Process of Short Sales
There are ten steps involved with short sales, which are:Finding real estate property that could be a short sale possibilityCheck out the propertyResearch the propertyLearn if there are liens on the propertyLearn about the mortgages on the propertyLearn about financing possibilitiesContact [...]
How long is the foreclosure process if I have already modified my mortgage once?
I modified my mortgage a few months ago and still struggling. I owe $315 and it’s worth about $200. So, after thinking about it I am considering just letting it go into foreclosure. Since I have already been thru this process with them and re-negotiated my mortgage, is the [...]
Chapter 7 Bankruptcy Process and Procedure: A Synopsis
There is more than a grain of truth in the expression “fear of the unknown”. And where bankruptcy is concerned, a little trepidation is certainly understandable; after all, how many people are well versed with the procedures involved in a [...]
What Means Default in the Foreclosure Process?
When banks foreclose on a home, the owners are often confused by the language used in the various legal documents. One of the terms that causes the most confusion is “default. ” There are at least two different ways that [...]
Glossary of common terms used during the mortgage process.
APR – This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. [...]
How long does the foreclosure process take from “Notice of Foreclosure” to your house going up for auction?
I live in Las Vegas. I just received a Foreclosure Intent notice by certified mail. How much longer can I stay in my house?
what letter can I send a lender to stop calling as I start the foreclosure process?
I am about to start the foreclosure process. I know the lenders will send mail, but is there a way to get them to stop calling my home and buisness? I heard that you can send a letter to the lender and they have to quit calling and can only contact you [...]