Posted on November 13, 2009The Eviction Process After Foreclsoure
Despite having six months to a year to live mortgage free, some borrowers are just not financially able to move when required by the courts and the purchaser at the auction.
Foreclosure Auction Articles
Posted on November 5, 2009Yes, it Is Possible to Reverse a Foreclosure Auction
Is there really no hope for borrowers whose homes have been sold and the auction has been confirmed? In most cases, this is not true, as there are still some remedies available to reverse a sheriff sale.
Posted on October 31, 2009Tax Foreclosure and Mortgage Foreclosure - Similarities and Differences
Some homeowners experiencing double-digit percentage increases in their yearly tax burden, even as they are working fewer hours or taking pay cuts will inevitably come to realize that they can no longer afford to keep up.
Posted on October 24, 2009Ownership of Foreclosed Home Not Transferred After Auction
At the end of the foreclosure process, once all of the notices have been sent and published and the lawsuit has ended, a public auction is held to dispose of the property. Sheriff sales do not always go smoothly, and homeowners may need to find out...
Posted on October 5, 2009Using Bankruptcy to Prevent Losing a Home to Foreclosure
The Bankruptcy Code gives homeowners facing foreclosure the right to cure the default any time up until the foreclosure sale process is completed. The key word here is "process," and state law determines what the process is for a valid auction or...
Posted on August 20, 2009Different Types of Foreclosure Used in a Handful of States
A few states still allow two different methods of foreclosure, one called strict foreclosure and the other called foreclosure by entry and possession. While they are used in only a minority of cases, borrowers should be aware of them.
Posted on August 12, 2009Miscellaneous Foreclosure Issues Homeowners Should Be Aware Of
Besides the obvious issues and methods associated with stopping foreclosure, homeowners have a whole range of issues that they must deal with. From tax sales to how the government encouraged mortgage securities, foreclosure can be a complicated...
Posted on October 23, 2008A Guide to Buying Bank Foreclosures in Richardson
Richardson bank foreclosures guide.
Posted on July 13, 2008Government Foreclosure Auctions: Lucrative Option for Cheaper Properties
The easiest way to avoid all those complicated legal terminologies of bank at the time of applying loan is perhaps to take help from the government. The main reason behind such a strategy is that this way you can borrow a handsome amount from the...
Posted on May 16, 2008Mortgage Foreclosure Often Creates More Problems than Solutions
he questions that homeowners in foreclosure have are nearly endless. What are the consequences of going into foreclosure? Should homeowners be worried about being sued after they lose a home? If so, would it be better to file bankruptcy before the...
Posted on May 15, 2008The Fear of Being Sued After Foreclosure for a Deficiency Judgment is Probably Irrational
Although many homeowners worry themselves over the possibility of being sued after foreclosure, few seem to know exactly how a deficiency judgment works. There is no way to tell for sure whether or not the bank will even be able to go after this, let...
Posted on April 30, 2008How Does a "Deed in Lieu of Foreclosure" Work?
A "Deed in Lieu of Foreclosure" transfers the deed to the foreclosure property to the lender, but does it really benefit the homeowner? Here is where to find out the startling answer.
Posted on April 23, 2008How Does a Foreclosure Auction Work?
Discover the insider secrets of professional home buyers at foreclosure auctions and what you should look out for or avoid all together.
Posted on April 23, 2008Making Partial Loan Payments to Stop Foreclosure
Find out if lenders take partial loan payments to save a homeowners from foreclosure what to do if they won’t cooperate.
Posted on April 23, 2008What is Equity Stripping in Foreclosure?
How much and how long does foreclosure impact your credit score and how much more does it cost you in additional interest expenses over time?
Posted on April 23, 2008Discover the Greatest Secret of Foreclosure - Overage
Discover what professional investors don’t what homeowners to know. See how the law protects certain homeowner rights, but only if they are aware of them.
Posted on February 7, 2008Taxes During Foreclosure - Short Sales and Sheriff Sales
Because a gain on the sale of a property can trigger income tax liabilities, unless the gains are invested in another piece of real estate within certain time limits, homeowners assume that any sale of their home, in foreclosure or otherwise, will...
Posted on October 18, 2007Using a "Deed in Lieu of" to Stop a Foreclosure
Learn what a "deed in lieu of foreclosure" is and whether it can really benefit a homeowner in foreclosure.
Posted on October 2, 2007What Happens after the Foreclosure Auction
In the event that homeowners are unable to stop foreclosure from taking their homes, there is a disconcerting danger of what will happen after the sheriff sale when the eviction process begins. Only by understanding how foreclosure works and what...
