Stopping Foreclosure

Stopping foreclosure Homeowners who have failed, for one reason or another, to maintain the payment obligations of their loans, and are found in default on their loans, have a number of options available to them to stop the foreclosure process. Bring the loan current The best possible resolution for homeowners in default, is to reinstate [...]

Effects of Foreclosure on Homeowners & Renters

The Effects on Homeowners & Renters Credit Impact A borrower that becomes delinquent on their mortgage, completes a short sale, gives the property back using a deed-in-lieu, or is foreclosed upon, will have their credit negatively impacted. Negative      impact on a credit report is generally limited to 7 years. Current      guidelines allow qualification [...]

Foreclosure Investing

Foreclosure Investing Since the first time someone staked a claim on a plot of land, real estate has been an attractive option for investors. Whether used as a hedge against inflation through appreciation or a source of positive cash flow through rentals, real estate presents opportunities for investors in the full spectrum of risk tolerance. [...]

Why Foreclosure Happens

Why Foreclosure Happens A great many things have been blamed for causing foreclosures. Having purchased more than 150 foreclosures, talked with hundreds of owners in foreclosure, and having read every study I come across on the subject, there seem to be just a couple of root causes: declining prices, which leave homeowners with negative equity [...]

Stoping Foreclosure

Stopping foreclosure Homeowners who have failed, for one reason or another, to maintain the payment obligations of their loans, and are found in default on their loans, have a number of options available to them to stop the foreclosure process. Bring the loan current The best possible resolution for homeowners in default, is to reinstate [...]