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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...
Illinois Foreclosure Laws
Illinois uses only the judicial system. The foreclosure process takes about 1 year. A judgment can not be made before 90 days, due to the reinstatement period. Because, of the redemption period, a sale will not occur 1-3 months after the judgment is given. Sometimes the judge will even extend the ...
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Vermont Foreclosure Laws
Vermont is a strict foreclosure state. That means that foreclosures in this state proceed on the premise that the lender owns the home, not the borrower. So, if the borrower transgresses on any condition in the mortgage before the loan is paid in total, they will lose all right to be in the home. ...
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What Happens After Foreclosure? A Guide for Homeowners
What happens after foreclosure depends on whether you live in a state that has a Redemption Period. A Redemption Period is a time after the house has been auctioned to the highest bidder that the homeowner has to buy it back for the auction price. The time varies by state. In some places, it is as ...
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Understanding Subprime Lending And Its Implications To The Current Graduate Student
IN THE BEGINNING In a manner similar to the numerous economic crises before it, the subprime lending bust actually began decades before anyone knew it. The Community Reinvestment Act of 1977 pushed banks to extend more credit in communities where they operated. This drew many lenders to ...
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Foreclosure - Can They Come After You Later?
I hear from people who are very very frustrated and they will often say that they are simply going to walk away and let their house go to foreclosure sale. This is not the best course. I am always urging people to deal with foreclosure situations so that they don't go through to the foreclosure ...
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Looking For A Chicago Foreclosure?
The Windy City of Chicago on the shore of Lake Michigan is one of America's great towns, with world-class shopping, museums, dining, educational facilities, and entertainment. Chicago is famous for having been the birthplace of Deep Pan Pizza and is home to five major league sports teams. It offers ...
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Common Legal Terms Used in Foreclosure and Bankruptcy Cases
Homeowners in foreclosure will often miss the initial hearing date because they are unfamiliar with the legal process and simply do not understand how foreclosure will work in the court system. Obviously, this lack of understanding itself may be one very important reason to attend the hearing, as ...
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Chapter 13 Bankruptcy - Stop Mortgage Foreclosure
Stop Foreclosure Yes, you can save your home! Using the chapter 13 can strategically help you cure your mortgage default, protect your equity and eliminate your other debts to help you right the ship. Several years ago, we saw a boom in mortgage lenders offering low adjustable rate mortgages (ARMS) ...
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Avoid Foreclosure With These Helpful Tips And Learn About The Foreclosure Process
Nobody likes to talk about foreclosures especially if it is their own. Unfortunately, foreclosures are occurring more than ever in every part of the United States. Need some advice on avoiding foreclosure? Here is some general information about foreclosures. Several states have a record number of ...
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California Law for Real Estate Investors - Including Forclosure Issues
Probate Issues One mistake that California real-estate investors make is signing a purchase contract too soon when a probate is required. Some real-estate investors try to buy properties when the deceased left real estate to family members or friends who cannot make the monthly loan payments. If ...
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