Maybe you missed a mortgage payment because you forgot to send the check in. Perhaps you are having some financial difficulties and you know it's going to be hard to make all the future payments on time. Regardless of the specifics, you start worrying that the bank is...
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How do you sell a home that is near foreclosure?
If you have fallen on hard times, or are living from paycheck to paycheck, even the slightest change in your income can have significant rippling effects. One of these rippling effects can come in the form of a default on your mortgage payments. If you are unable to...
Can foreclosure happen in just a few days?
If you miss a mortgage payment, despite the fact that most lenders will not foreclose after a single missed payment, you know that you may run into such an issue in the future. It’s concerning for you and your family, and you can’t stand the thought of losing your...
How can a loan modification help you if you’re facing foreclosure?
One of the more costly expenses that adults have is keeping a roof over their heads. Medical issues, a divorce or the loss of a job are some of the many factors that may jeopardize your ability to pay your monthly mortgage payment and leave you wondering if your...
Is a wave of foreclosures really coming?
With the economy in a recession and many people out of work, it’s clear that there could be a wave of foreclosures coming in the near future. While experts do not think it is going to be quite like what was seen back in 2008, in what is often called the “Great...