Archive for January, 2009

My husband is being advised to declare chapter 13 bankrupcy to avoid foreclosure. What are pros and cons? ?

Friday, January 30th, 2009

We are told it will stop a bank foreclosure and all suits dead in their tracks, but how bad are the credit repercussions? If you are facing foreclosure and you are having collection calls, your credit have taking a hit. Now yes chapter 13 will stop all your creditors from contacting ...

How can I tell if a foreclosure help lender is legit?

Friday, January 30th, 2009

I am facing a foreclosure on my house and keep getting tons of offers to help me in the mail. "Most mortgage lenders are trustworthy and provide a valuable service by allowing families to own a home without saving enough money to buy it outright. But dishonest or "predatory" lenders do ...

anyone ever heard of advantage foreclosure llc?

Friday, January 30th, 2009

supposidley they specialize in helping families keep their homes by counseling the homeowner and creating a loan restructuring plan. just curious if anyone has ever worked with this company or one like it and how it turned out for you. and for anyone who is nosey ...

How long does the foreclosure process take? Waiting to buy a property.?

Friday, January 30th, 2009

The house was foreclosed upon improperly and we want a cleared title before settlement. (The title was actually suppose to be cleared before we bid on it.) Any ways apparently the seller (bank) has to re-foreclose on the property to clear the title. So now we are ...

Can I purchase a home even after going thru a short sell to avoid foreclosure?

Friday, January 30th, 2009

Our mortgage was a variable rate mortgage, and my husband had lost his job and bills were out of control... We decided to cut our losses and do a short sell and avoid foreclosure (which had started). At this present time we are slowly regaining financial abilities even thru our ...

Where can I find home foreclosures for free on line?

Friday, January 30th, 2009

I live in Ohio and am looking to purchse a home. I've been trying to find repossed of foreclosed homes on line but all the sites I find want me to pay a subscription or member fee. There has to be public records somewhere. Any suggestions would ...

100% Loans. are They Gone for Good?

Friday, January 30th, 2009

With recent news of sub prime lenders such as New Century Title closing its division triggered scare among many other lenders. All major lenders in sub prime market or anyone who has a bad credit, credit score (FICO) below 600 will not be able to apply for 100% loans anymore. ...

Top Ten Reasons to File Bankruptcy

Friday, January 30th, 2009

1. Eliminate the legal obligation to pay many of your debts.. This process of wiping the slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter 13 Bankruptcy), most ...

House Foreclosures at Auction

Friday, January 30th, 2009

We all know it: open cry bidding means placing the auctioned item on a competitive market. On this market, you will frequently encounter the opportunity to bid for house foreclosures. Due to the fact that these are distressed properties, this is a particular type of real estate auction where the ...

Foreclosure Home Investing

Friday, January 30th, 2009

Many people have set their sights upon foreclosure home investing because it is so very profitable. There are hundreds of people in every state that buy foreclosed homes and sell them for profits. This has been proven as a great way for anybody to make money in the real estate ...