Steps to Buying a Foreclosed Home
Due to the recent global financial crisis the housing market has been greatly affected, bring real estate values down while forcing local management to sell foreclosed properties quickly at low prices in order to minimize their loses.
By Matthew Mason
How to Fight Foreclosure and Win
Even though the overall statistics suggest that foreclosures are falling...The U.S. is still on pace for over 500,000 homes to enter the foreclosure process, and 350,000 homes to be repossessed. So there is definitely a foreclosure problem.
By Matthew Mason
What is the process of foreclosure?
The process of foreclosure can be rapid or lengthy and varies from state to state. Other options such as refinancing, a short sale, alternate financing, temporary arrangements with the lender, or even bankruptcy may present homeowners with...
Types of Foreclosure
Within the United States, Canada and many other countries, several types of foreclosure exist. In the U.S., two of them namely, by judicial sale and by power of sale are widely used, but other modes of foreclosure are also possible.
What is a Foreclosure?
Foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a termination of a mortgagor's equitable right of redemption, either by court order or by operation of law.
Stop Foreclosure - Are You Facing Foreclosure?
The state of the economy has forced employers to cut jobs, hard working people striving to maintain the "American Dream" are presently faced with the potentiality of forfeiting their home. Sadly, homeowners often wait too late to try...
By Ginger Taylor