Foreclosure is when you are unable to keep up with making your monthly mortgage payments on your home. This situation then allows the lender to seize your property, evict you, and then sell the home and keep the proceeds from the sale. This is all stipulated in the mortgage note that you signed. Facing foreclosure […]
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Foreclosure Prevention
Owning a home or condo can be a rewarding experience in the life of many people. While home ownership can be an emotionally rewarding experience for an individual or family, it can sometimes be difficult to manage some of the financial matters associated with home ownership. Since many people use mortgages to purchase a new […]
Continue ReadingWhat’s the difference between a short sale and a foreclosure?
Whether a homeowner wants to do a short sale or even a foreclosure, there are a lot of differences that most are going to want to know about before deciding on one. While it may seem easy to just walk away and let the bank take the home, this may not be the best choice. […]
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