Foreclosure Archives

How to Stop Foreclosure, Part 2

In Part 1 of “How to Stop Foreclosure,” we discussed several top techniques for keeping your home, including payment plans, refinancing, renting it out, and selling it. Now, we’re going to discuss some other methods you can use to keep the bank at bay.
5.  Do a short sale. A short sale is what happens when [...]

How to Stop Foreclosure, Part 1

If you’re looking for information on how to stop foreclosure, you’re not alone. In the month of October 2008 alone, over 300,000 foreclosures were filed in the United States. Each month, the number of foreclosures only continues to rise as unemployment skyrockets and prices on consumer goods go higher and higher.
If you’re in the position [...]

 
If you’re behind on mortgage payments and see no way of catching up, you’re probably starting to wonder, “How does foreclosure work?” Tens of thousands of people just like you are looking up information on the foreclosure process every day, in fact. With thousands of people across the country losing their homes each day, this [...]

Interest in foreclosure prevention is at an all-time high. That’s because the rate of foreclosures in the United States is higher than it’s been in decades. The easy credit of five years ago led hundreds of thousands of people to get into home loans they really couldn’t afford. These were adjustable rate loans, and when [...]

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