Posted on November 5, 2009Do You Have a Wrongful Foreclosure Claim Against the Bank?
In some cases of foreclosure, there may be enough instances of misconduct by the lender to show that the entire process constitutes a wrongful foreclosure. Many states even have common law regarding this issue
Foreclosure Laws Articles
Posted on October 31, 2009Foreclosure of Manufactured Homes
Close to eighteen million people live in manufactured homes. The target market for many of these properties are people with low income who are otherwise unable to afford a single family house.
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 September 13, 2009How Banks Overcharge Homeowners in Foreclosure
When homeowners begin to fall behind on their mortgage, almost immediately, the bank begins adding numerous fees to the balance. A default of a couple months can balloon into a total amount behind equaling nearly half a year's worth of principal and...
Posted on August 23, 2009When Facing Foreclosure, Have the Lender Produce the Note
When a mortgage company begins foreclosing on a property, most homeowners just assume that the bank really owns their loan and is able to prove it and take their home away. But this is not always the case.
Posted on August 22, 2009Defending Against Foreclosure - Keep These Three Aspects in Mind
Whether they are defending a bank's lawsuit against them, or initiating their own to stop an auction under a power of sale clause, there are three main categories of defense that borrowers can consider.
Posted on August 21, 2009Can the Bank Ever Prove a Foreclosure Case?
Many homeowners are not quite clear on how the foreclosure process works in their state, especially due to differences between judicial and nonjudicial foreclosure proceedings. State law and federal lending law may also affect how the process moves...
Posted on February 4, 2008How to Walk Away From a House in Foreclosure with as Few Consequences as Possible
Dealing with threatening banks, waiting weeks for attorneys to answer a simple question, being pushed off from one department to the next, and being turned down for one solution after another are quite convincing in getting homeowners just to leave...
Posted on October 9, 2007Buy a Second Home to Avoid Foreclosure
Some homeowners, when facing the threat of a potential financial hardship, decide that their current house is too expensive and will most likely be lost to foreclosure. The homeowners may not be behind yet, but they know there will be a loss of...
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...
