Tag Archives: foreclosure
Foreclosure Mess: More Shoes to Drop?
Oct 22, 2010 - Robo-signers attesting to foreclosure lawsuits they haven't read is a serious problem. But that could be the tip of a very big iceberg.
The Mother of All Foreclosure Mistakes
Oct 20, 2010 - Imagine standing in your front yard and watching as a car pulls up. A stranger gets out, walks up to you, verifies your identity, then serves you with foreclosure papers. Now imagine that you've never missed a mortgage payment in your life.
Houses Now Selling for Less Than Used Cars
Aug 25, 2010 - When the pendulum swings from overbought to oversold, bargains abound. It happened last year in the stock market, and it's happening now in some housing markets. The case of the $19,000 condo.
New Penalty for Homeowners Who Walk Away
Jun 23, 2010 - Losing your home to foreclosure is one thing, but walking away just because it's financially convenient could keep you out of an FHA-backed mortgage for seven years.
Lost a Home To Foreclosure? Here’s How Long It Will Take To Buy Again
Jun 16, 2010 - Losing a home to foreclosure isn't a pleasant experience, but it's not the end of the world or the end of being a homeowner.
Should You Buy A Foreclosure?
Jun 03, 2010 - With some experts predicting that the housing market may soon be bottoming nationwide, now be a good time to buy a foreclosure.
How NOT to Buy a Foreclosure
Jun 02, 2010 - Across America people are scooping up distressed properties at major discounts. But if you're tempted to do the same, be aware: you can lose your life savings at the crack of a gavel.
Mortgage Meltdown: The Risks of Walking Away
Sep 08, 2009 - Can you simply walk away from an upside down mortgage, when you owe more than your house is worth?
Are You Paying Your Neighbor’s Bills?
Aug 28, 2009 - Many must pay their neighbor's bills or risk loosing their homes.
Can’t Sell Your Home? What Should You Do?
Aug 28, 2009 - What should you do when you can't sell your home? Make money from it, of course.
How To Buy Toxic Mortgage Loans
Jun 10, 2009 - They're known as toxic assets: mortgages on foreclosed houses. Uncle Sam wants the banks to sell them... maybe to you. But is toxic your cup of tea?
Real Estate Auction Warning
Sep 05, 2008 - Think being the highest bidder at a real estate auction means you've won? Think again... Most property sold at heavily advertised public auctions is subject to lender approval, so if your winning bid isn't high enough, the lender can try to get you to pay more, or simply refuse to sell.
Mortgage Reform Needed Badly
Jul 18, 2008 - The nation's housing crisis is crippling our economy. So, what's the government going to do about it? One idea is to reform the mortgage process, eliminating the 'bad brokers' more interested in making a commission than a responsible loan.
Mortgage Help: Talk is Cheap
Jun 09, 2008 - With foreclosures and bankruptcies soaring nationwide, both government and private industry have been promising help to homeowners. But is that help materializing?
Negotiating With Your Lender
May 13, 2008 - Knowing how to negotiate with your lender can save you tons of money.
