Search results: consequences of foreclosure information
Articles on consequences of foreclosure from how to stop foreclosure information archive:
Get Free Foreclosure Advice In Minutes
Get your free on-line foreclosure refinance quote and foreclosure help in minutes. Explore your options and compare ways to prevent foreclosure... more...
Transferring Legal Ownership Of A Property Does Not Stop Foreclosure
Unfortunately, many homeowners seem to buy into the myth that simply transferring ownership of their home will somehow relieve them of the responsibility to pay the mortgage and will end the foreclosure. This is a somewhat naive position, though, as putting the house into someone else's name will ...
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Mortgages - You Always Pay More Than The Home Is Worth
One of the predictable consequences of the collapse of the housing bubble and the foreclosure crisis is that property values are declining in many areas of the United States. As subprime loans go into foreclosure, more homes are listed on the market, driving prices down, and erasing equity that ...
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Making Foreclosure Prevention Work For You
No one gets through life without having to face the consequences of his or her behavior. The manner in which we meet our responsibilities is the decisive factor in how pleasant or unpleasant those consequences will be, and failing to meet those responsibilities, whether they beat home, on the job, ...
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Common Considerations During the Foreclosure Process
Consequences of going into foreclosure include losing the home, not seeing any profits at all from the county sheriff sale, having a scarred credit report with a full foreclosure showing for years, and having to explain to landlords afterwards that the homeowners failed to come to any kind of ...
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Filing Bankruptcy To Stop Foreclosure Brings Long Lasting Consequences-Think Hard Before Deciding
Filing for bankruptcy to stop foreclosure is likely the last resort for most homeowners. They have exhausted all other means to try to solve the matter to no avail. Before taking the plunge into the chaos that is bankruptcy it is best you fully understand what you are committing yourself to and ...
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California Home Equity Sales Contract Act - A Mine Field for the Unprepared!
When I first got started in the real estate investing business in 2006, the avalanche of foreclosures was just beginning. Before attempting my first short sale here in Southern California, I discovered I needed to comply with Civil Code Section 1695 by using a very particular type of purchase and ...
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Foreclosure - Many Questions, Few Answers
The questions that homeowners in foreclosure have are nearly endless. What are the consequences of going into foreclosure? Should homeowners be worried about being sued after they lose a home? If so, would it be better to file bankruptcy before the bank can sue for a deficiency judgment, or after? ...
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Foreclosure Issues - Missing Payments, Credit Consequences, and Defiency Judgments
Homeowners facing a financial hardship, even before they begin missing their mortgage payment, seriously worry about the consequences of foreclosure. Their most common concerns are being unexpectedly kicked out of their home by the county sheriff and having nowhere to go, how bad their credit will ...
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Being Sued in Foreclosure - Who Can Do It? When? For What?
Unfortunately, one of the more common consequences of homeowners facing a financial hardship is a lawsuit in one form or another. This may be from the mortgage company foreclosing on the house, or another creditor or collection agency trying to leach off the crisis of a productive member of society ...
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Now Sell Your House As A Short Sale With No Tax Consequences
If you owe more for your house than what it is worth you only have a few home selling options, one of which is losing your home to foreclosure. To avoid a foreclosure you can sell your house as a short sale. A short sale is selling your home at a price that is less than what you owe the bank. Thus ...
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