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$100 Gift Card Signup OfferWith the foreclosure rates jumping across the nation, more and more homeowners are faced with quickly selling their home in order to avoid foreclosure. Yet, the housing market is so flooded in some areas that houses can sit on the market for several months, and sometimes years, before they sell. If you are […]
« Archive for the ‘Foreclosures’ Category
What is a Home Mortgage Short Sale?
Posted by Johns WuJanuary 23, 2008 03:39 AM
Disadvantages of Buying Foreclosed Homes
Posted by Johns WuJuly 23, 2007 04:17 AM
With the cost of purchasing a home rising seemingly by the minute, many thrifty buyers are enticed by the prospect of buying property at less than market value. One of the most common ways to do this is to purchase a home that has been foreclosed on by the mortgage lender. Most of the […]
How a Short Sale Prevents Home Foreclosure
Posted by Johns WuJuly 23, 2007 03:57 AM
The loss mitigation department of your mortgage lender is charged with handling short sale properties. During a short sale, you will be selling your property to an interested buyer for less than the amount you actually owe on your mortgage. Short sales are thoroughly investigated by the mortgage company and the process […]
How to Buy Foreclosure Homes
Posted by Johns WuJuly 23, 2007 02:06 AM
Buying foreclosed properties has become so popular that there are even television shows based on buying them, fixing them up, and putting them back on the market to make a quick profit. Whether you are interested in purchasing a foreclosed home to sell or to live in, foreclosure sales are a great way to […]
How to Stop Foreclosure
Posted by Johns WuJuly 17, 2007 03:25 AM
Although there are few people who plan to default on their mortgage loan, life happens, and, all too often, we are faced with unexpected expenses, job loss, divorce, or other financial disasters. Although financial experts suggest that we all have a minimum of three months expense cushion in our savings accounts, the reality is […]