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
Shortsale: Tips For Preventing Foreclosure Through Bank Loss Mitigation
A shortsale references property that is being sold for less than is owed on the mortgage note. Banks engage in this type of financial transaction for several reasons. The primary reason is short sales are less costly and time-consuming than...
By Simon Volkov
Short Sale Foreclosure: Blessing or Curse to Distressed Homeowners?
Short sale foreclosure refers to two types of real estate. The first involves properties repossessed by the bank because the borrower was unable to repay their mortgage loan. This is also referred to as real estate owned (REO) or...
By Simon Volkov
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...
By Wikipedia
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.
By Wikipedia
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.
By Wikipedia
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