In the past couple decades, since the government essentially created the abuse-encouraging mortgage servicing industry, there has been a wave of lawsuits against these servicers for a range of activities.
Latest Foreclosures Articles
Mortgage Servicing Fraud - How They Push Homeowners to Foreclosure
Posted on September 6, 2009 by Nick AdamaUnconscionable Mortgages and the Foreclosure Process
Posted on September 5, 2009 by Nick AdamaHomeowners who have been blatantly taken advantage of during the mortgage process may have a defense to foreclosure based on the unconscionable contract. There are a number of factors that can point to unconscionability in a loan.
Goverment Tax Lean Auction -The Investment Differences between Tax Deeds and Tax Lien
Posted on September 4, 2009 by Jordan PrinceWhenever a person defaults to pay taxes, government authorities have the right to foreclose their home or any commercial properties that they own. Foreclosure has been a common thing in the recent past and by the look of things, it seems it is projected to rise in the near future. Simply put, this is a horrific ordeal for a property owner, but there is good news in form of goverment tax lean auction. Actually government tax lien can help both a property owner and an inves...
Foreclosure Bailout -Secrets Revealed
Posted on September 3, 2009 by Todd YorkIf you are considering your options and struggling with your mortgage or home loan at the moment then there is not a second to waste. You absolutely must take action sooner rather than later because leaving it too long to do something about it could result in foreclosure and bankruptcy. As such, you may want to look into applying for loan modifications. Loan modifications can definitely help you out of a fix but applying for them and having them approved is not an easy pro...
Mortgage foreclosure: How can you prevent it?
Posted on October 19, 2009 by Jasmine JA foreclosure lowers your credit score and also stays in your report for 7 years. Therefore, you should immediately contact your lender whenever you experience financial hardship. You should know how to convince your lender so that he/she suggests a suitable option, by following which you can avoid foreclosure.
Buy Your Dream Home Through Tax Lien Foreclosure
Posted on September 3, 2009 by Mike JonesTax foreclosures are real estates that have been under the process of foreclosure because of unpaid taxes. These reals estates are auctioned and the interested buyers can bid to buy these properties. The tax lien foreclosures are an excellent opportunities for investors and homebuyers
Where Can You Find Foreclosure Listings For Free?
Posted on August 31, 2009 by Mei FontanaFinding foreclosure listings for free is not that hard, but you have to get your hands dirty, be proactive in locating those coveted totally free foreclosure listings that can reveal foreclosure bargains. You can check several sources. Start online and continue with the source of foreclosure listings for free we reveal to you.
Feldman Law Center-Shadow Foreclosures
Posted on August 29, 2009 by Feldman Law CenterFeldman Law Center - Loan Modification Shadow foreclosüres, partícülarly ín the worst hít dístrícts roünd the coüntry, coüld keep a líd on any príce recovery ín resídentíal real estate for müch longer than güesses cürrently expect. These are propertíes that remaín ünlísted and ünsold long after the foreclosüre process has rün íts coürse. Accordíng to RealítyTrac, an írvíne, Ca. Company that lísts foreclosed propertíes, the ínventory of ünsold homes now síts at 3.8 míllíon ...
Is the Nonjudicial Foreclosure Process Illegal?
Posted on August 28, 2009 by Nick AdamaIn states that allow a nonjudicial foreclosure through a power of sale clause in a deed of trust, homeowners find that their properties are sold out from under them without a hearing or chance to defend themselves.
Foreclosures Option
Posted on August 28, 2009 by francis gartonGetting out of foreclosure is not easy, especially when you are in a difficult financial situation. In the United States, a lot of debtors end up in desperation by declaring bankruptcy in court in order to pay their debt obligation. However, there are others choose to sell their home to stop foreclosure at the same time getting a deficient amount of earning.
Popular Foreclosures Articles
The 'Walk Away' Phenomenon
Posted on December 10, 2008 by Andy AsburyOn the Internet, walking away from a mortgage has become a hot topic for real estate bloggers. Many people writing about the phenomenon are quick to condemn 'walk away homeowners' as irresponsible, selfish, and wrong. They feel that despite the fact that walking away from a mortgage won't land a person in jail; they have a moral obligation to satisfy their end of the contract.
Foreclosure process in Massachusetts
Posted on July 6, 2008 by David SwiftA notice of sale with the same language as the one recorded with the county must be mailed to the homeowner a minimum of fourteen days before the scheduled sale date. In this state, the bank advertises the notice of sale in a local paper with circulation in the courts where the home is located. This advertisement, must be run once a week for three weeks leading up to the scheduled sale date. Other parties with an interest or attachment to the property are also sent a letter or notice of sale ...
Why A Mortgage Modification Guarantee Can Assist You
Posted on May 26, 2009 by Frank CollinsA mortgage modification , or debt restructure as it is sometimes called, is a high demand choice, the objective is to provide a more affordable plan to the homeowners by decreasing their mortgage payments to an acceptable number for the lender and the borrower. The home mortgage modification functions in a way that the terms of the original mortgage loan are modified.
Real Time Solutions For Foreclosures
Posted on September 17, 2008 by Peter NamaraIf you are in the same predicament as many people are today, you may be waiting for the banker to show up and tell you he is foreclosing on your property. It does not literally happen that way but the results are the same. If you are facing the prospect of losing your home and are trying to figure out the best way to avoid foreclosure, there are options. You just have to spend a little time finding them.
How to stop foreclosure? Some preventive measures
Posted on October 16, 2008 by dan mooreForeclosure is a legal process that a lender can use to obtain the collateral (property) from the borrower. There are two types of foreclosures, the judicial power foreclosure or court order foreclosure and the power of sale. The lender can pull out the property from the borrower without a court order; however, it is under a righteous agreement after the borrower failed to comply with his obligations to pay his monthly mortgage payments.
Riding the 2nd Wave of Foreclosures
Posted on June 26, 2009 by Lee GrahamThough there may seem to be signs of less homes on the market, and thus the return of a healthy, more stable real estate economy – the problem lies in the reality of a flood of foreclosures that has been dammed up by various state regulations and the Obama administration’s requests in the form of an imposed moratorium since October 31, 2008.
Hazards to Avoid When Buying a Home in Foreclosure
Posted on December 31, 2008 by Lee BellIf you are planning to make money on foreclosures make sure you know what your doing. Read on for some common pitfalls.
Real Estate Investing Resource
Posted on October 15, 2009 by francis gartonYour success depends on how wise and how you handle your clients. Like all other businesses real estate investing requires definite skill, you must have the drive on it and be sharp. Though it is never taught in school it is one of the most prolific careers in real world.
How To Take The Pain Out Of Moving To Nashville
Posted on July 2, 2009 by walsh11902aYour boss called you in to her office yesterday and told you that you have been given a promotion, but you would be moving to Nashville to take up the new assignment. You do not quite know whether to feel happy or nervous.
Purchasing Foreclosures: the Basics
Posted on June 9, 2009 by Andy AsburyTo avoid foreclosure, sometimes a home owner will accept a buyout on their property for less money than is owed to their lender. This practice is called short selling because the owner is selling their property for an amount short of what is owed on it. Sometimes this happens to avoid foreclosure, though it can also happen in the case of fallen property values. Be aware that short sales can take longer than regular sales to close.
