Selling a home below what is owed to the lender, also known as a short sale, may help a homeowner who has experienced a financial catastrophe or upside down on their property. The process does take some time to complete, and homeowners benefit significantly from hiring a professional to help with the short sale procedure. […]
When a homeowner experiences a financial crisis or emergency, selling a home for less than is owed on the mortgage may become necessary. This short sale may allow the homeowner to avoid entering foreclosure while also minimizing financial loss. Selling a home as a distressed property, which means it’s already in pre-foreclosure or foreclosure, is […]
Foreclosures are becoming more common with each passing month. The problem is that the consequences associated with foreclosures can be long-lasting and financially devastating. With all the ups and downs we have experienced with the economy, homeowners are looking for a better solution that will help them bounce back much faster than if they were […]
Many Americans have felt the financial impact of the current economy. High gas prices, groceries, and even rent has become astronomical. Current or prospective homeowners may wonder how the housing market will be impacted in terms of housing prices and interest rates. Many wonder, what recessions can do to the housing market? Below you will […]
Los Angeles is the center of the global entertainment industry and a destination for so many hopefuls to live out their American dream. Los Angeles County boasts a population of over 10 million people, while the city of Los Angeles includes almost 4 million people. It is the largest city in California, and the second-largest […]
Understanding the foreclosure process is important for all homeowners and potential home buyers. While nobody plans to deal with serious financial issues, it can happen to anyone. Understanding your rights during the process can help you avoid further issues. Below you will find the foreclosure eviction timeline. Foreclosure Eviction Timeline The foreclosure eviction process depends […]
Before you look for your next home, consider finding a mortgage lender that fits your needs. A home mortgage can be a decades-long commitment so it’s important to use caution and find the best mortgage lender. This can be different for everyone as lenders have different types of home loans, rates, and fees. Below you […]
Foreclosure occurs when a borrower fails to meet the obligations set forth in the mortgage. When a borrower doesn’t meet their obligations, the lender can foreclose on the property to secure the loan. Due to the legal and financial ramifications of foreclosure, there are a series of steps a lender needs to take in order […]
The housing market can be somewhat of a mystery to those outside the industry. This can make it difficult to understand when to buy or sell without the help of a professional. Despite the value of having a trusted professional by your side as you navigate the world of real estate, it’s important to understand […]
For many people owning a home is a top priority. This is because it comes with a number of benefits making it a great option for families who want to expand their financial portfolio. Despite the tax benefits and ability to call your place your own, foreclosure can happen to anyone. While the process can […]