‘Foreclosures’ Archives
Foreclosure Rescue Scams Exposed by Investigative Guy John Mattes
San Diego, United States (IBtimes.com - November 18, 2009) THE Financial crisis is due to force 2.5 million homeowners into foreclosure in 2010. Add to that, con artists are preying on homeowners offering phony mortgage modification for $3,000. All the con men do is steal. Real full foreclosure story here. You can view John Mattes' blog at The Investigative Guy
The Foreclosure Process
The foreclosure process can be daunting to anyone. Many Americans are going through the foreclosure process just like you. Fortunately there is hope with the unprecedented mortgage bailout program. You may be eligible to have your loan re-modified even if you are currently in the foreclosure process. Do not let the stress and pressure overwhelm you because there is hope in avoiding the foreclosure process. It is not [...]
Effects of Short Sale & Foreclosure on Your Credit Report
A short sale is one of the methods homeowners use in order to avoid a real estate foreclosure. Sometimes short selling the house is the best way out of a real estate foreclosure. One of the main reasons people chose a short sale is that they cannot afford to keep their house regardless of any payment plans offered by the lender. The advantage of opting to short sale is that there is no costly and lengthy process of [...]
Tips to Buying Foreclosed Homes
During these times, the economy is performing very poorly, and it pushes many mortgage lenders to increase their rates on adjustable mortgage. This then affects many home owners in keeping up with the payments. Lenders opt for an increase in rates because of a major decline in the housing market, which years ago is very strong and contributes in the economic growth. Currently, there are a lot of housing markets [...]