Are you behind on loan payments or facing foreclosure? Does the monthly mortgage bill always seem unreasonably high or difficult to manage? Has your interest rate shot sky high because of adjusting market rates? All of these questions are good reason to look into refinancing your loan, especially now while banks are offering very reasonable [...]

By: James Sopher -
With the economy in recession, unemployment rates high, and consumer debt at high levels, many homeowners are facing the threat of foreclosure on their homes Perhaps you are now in a similar situation, whether its the result of a job loss, an illness or injury of a family member, unexpected expenses to repair [...]

With all the hype about how to buy houses with no money down and make a quick fortune, it’s easy to see why people get agitated when they’re told you need money to make money in real estate investing.
Well, you may not need a fortune, but you’re going to have to shell out some cash [...]

One of the most common questions I here from distressed homeowners is: “How does a loan modification work?”.
A financial hardship takes place in the life of a homeowner when their ability to pay their mortgage on time is greatly affected. The mortgage payment is almost always the biggest monthly expense they have.
When a homeowner experiences [...]

Refinance while house is in foreclosure. In most cases, when you’re are behind on a number of mortgage payments, to save your home, you need to act as quickly as possible. A lot of people feel that it maybe impossible to save there home at this point. That’s just not the case when you’re determine [...]

By: Otto Ruebsamen
The bank foreclosure process is a several step process which is activated by a bank which owns a mortgage that is not being paid on. Typically a bank will take steps to correct the situation prior to beginning the bank foreclosure process. This is due to the fact that this foreclosure process is [...]

By: Nick Adama
When homeowners first begin to experience trouble paying their mortgage, in order to avoid foreclosure, they typically turn to one of three common options. These three alternatives that can save a home include refinancing through a foreclosure or hard money lender, requesting help from the government programs, and asking the mortgage company to [...]

Is Bankruptcy a Viable Solution to Stop Foreclosure?
Filing for Chapter 7 or Chapter 13 bankruptcy protection to stop foreclosure can be the best path for you to retain your house and stop with your creditors. Some positives of using bankruptcy to stop foreclsoure include your ability to stop foreclosure without creditor intervention and you can [...]

Many advocates believe there needs to be an increase in government help to stop foreclosures. With the recent increase in foreclosure rates, many politicians are pushing for government “bail out” for the institutions who offered subprime mortgages. What the average consumer doesn’t realize is that there are many government, state and federal, already in place [...]

A loan modification program is designed to adjust the conditions of an existing loan in order to help a borrower get back on track with their monthly payments. Unfortunately, many people don’t want to admit that they are in trouble with their loans or they believe there is no way to overcome the problems they [...]