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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...
Nine Reason Why Banks And Mortgage Lenders Will Not Bail You Out of Foreclosure
1. Not enough equity in your home to refinance. When you purchase, your Realtor and mortgage originator told you that you can refinance six months to one year down the road even though you purchase at fair market value. 2. Mortgage company will not grant a workout if you don't have any income ...
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Foreclosures Up Nearly a Hundred Percent
According to MSN Real Estate, the number of homes entering into to foreclosure has jumped nearly 100% since last year as efforts to stem the surge have come too little too late, with a sizable jump in the number of homes completing the foreclosure process and being taken back by the bank, also ...
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Foreclosures In Virginia Continue To Skyrocket
An all too familiar site continues on courthouse steps across the state of Virginia as homes in foreclosure continue to go on the auction block. Earlier this month it was reported that foreclosure filings in Virginia have increased more then 300 percent this past July over the same time period of ...
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Subprime Bailouts Met With Mixed Emotions
With foreclosures up nearly 100% since last year, the state of the mortgage crisis is now being dubbed as "Mortgage Meltdown 2007" by media outlets like CNN.com and MSNBC.com. The unprecedented decline in the United States housing market is shaking lenders, home owners, and financial institutions ...
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Stop Foreclosure Eleven Different Ways
The list of various methods to stop foreclosure that is presented in this article is a nearly comprehensive accounting of the most common ways homeowners can use to save their homes, either by staying in them and avoiding foreclosure, or by getting out of a bad situation with as much of their ...
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What You Don't Read About The National Foreclosure "Crises"
We see and read about the percentage of increase in the national foreclosures (79% from 12/06 to 12/07). If we look a little closer at the data however, we see that the numbers aren't really what they seem. Of the 10 highest foreclosure areas in the US, in nine of those areas houses have ...
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Important News On Home In Foreclosure
Many of us have faced hard times at some point in our lives. When we are going through it, it may feel overwhelming, like a hopeless situation. Once we have made it through, we are thankful to be left standing in one piece. A home in foreclosure can seem like the end of the world to someone going ...
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Stated Income Loans Are Disappearing or Becoming Expensive - What is Happening to Mortgage Lenders?
Last week, a real estate broker I have tremendous respect for, sent me an email that said, "What in the heck is going on with the lending business and how do we adjust our business?" He asked me to come speak with the agents in his office about it this week. Here is what I will tell them.... What's ...
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Bankrupt FHA and HUD to Bail Out Bankruptcy Foreclosure Home Owners
Another of the mortgage industry bailout plans proposed by Congress and the President has been to use the Federal Housing Administration (FHA) to guarantee loans for homeowners to avoid foreclosure. While this has been one of the lesser-discussed options to solve the housing crisis, it represents ...
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Facing Foreclosure, Cover Your Assets - A Few Things To Know When Facing Foreclosure
Foreclosure can be a tough experience to face as a homeowner. The subprime situation is hitting critical mass and as a former loan officer I was at ground zero when things hit the fan and man did it stink. I am not here to point fingers (there has been enough of that already) every body is looking ...
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