Posts Tagged ‘foreclosure’
7 Ways to Stop the Foreclosure Process
If you fail to make your mortgage payments on time, your lender will file a Notice of Default (NOD) that jumpstarts the foreclosure process. Looking at the numbers and late fees you owe, it might feel impossible to catch up. After all, the main reason why people default on their home loan is because…Read More
From Escrow to Foreclosure: How to Stop a Disaster
Losing your home to foreclosure is probably one of the hardest things you can experience. This is even more painful when the house was founded on your hard work. However, there are times when you can’t avoid the situation due to sudden or unexpected circumstances. Missing or being late on your payments, emergency situations,…Read More
How to Avoid Foreclosure in Las Vegas
Some homeowners (as well as several lending institutions) are still stinging from last decade’s Financial Crisis that drove the United States economy into a ditch. The Financial Crisis deeply affected the real estate market, too – home sales were down to their lowest in years as young people graduated college left and right without…Read More
Can You Stop a Foreclosure Once It Has Started
Buying a house that you have worked hard on, and saved money for, is probably one of the satisfying achievements a person could get. Your responsibility as the homeowner is to pay whatever’s due and make sure that you pay on time. But what happens when you miss a payment? Then, you miss another…Read More
How Does Foreclosure Work?
Foreclosure is a scary thing that can happen to the home that you love, and in which you’ve invested. Foreclosure happens when a homeowner defaults on their mortgage payment, and fails to respond to the bank’s numerous inquiries and warnings. Foreclosure is a difficult process for both the bank, and for the homeowner, as…Read More
Can You Sell a Foreclosed Home?
Nobody, especially no homeowner, wants to hear about foreclosure. Foreclosure is a difficult, sometimes scary process that involves the loss of your home, your equity in the home, a source of pride, and the center of lots of great memories. During the recent Financial Crisis, hundreds of thousands of homes fell into foreclosure, with…Read More