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Facing Foreclosure

Mobile Home Foreclosure Information

Whether you live in a site-built home or in a mobile home, the possibility of facing foreclosure exists, especially in this economic climate that includes a volatile real estate market, increasing unemployment rates, and increases in fuel, food, and related prices. At the same time, you should remember that if you find yourself in [...]

Weekly Mortgage Payments and Foreclosure Dangers

You need to read this if you’ve decided to pay your mortgage weekly or bi-weekly instead of monthly. If you’ve been wise enough to sign up for an accelerated mortgage so that you can pay your mortgage off faster, you need to be really aware of the potential for foreclosure dangers.
Because mortgages can be foreclosed [...]

Equity Stripping: Pros and Cons

If you’re looking to rescue your home from foreclosure, equity stripping might help you. This is something that can save you in several ways:
1. You get some money out of your house
2. You don’t get dinged with foreclosure on your credit rating
3. You can live in your house as a renter and not have to [...]

Bank Foreclosure: 3 Things You Need To Know

What is a bank foreclosure? Unless you have been hiding under a rock you already, know that the housing market in the United States has been falling in value, which is caused partly by the number of homes that are facing foreclosure. In many situations, the borrowers of these loans failed to make [...]

Real Estate Foreclosure Controversy

The controversy surrounding real estate foreclosure dramas are in two camps: those who believe in a bail out and those that don’t. If you bought at the height of the real estate market and you are now faced with an adjustable rate mortgage and dropping real estate prices, you are probably in favor of a [...]

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