New rules from the U.S. Securities and Exchange Commission that went into effect Thursday restrict certain types of so-called short selling.
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A lot of people are in foreclosure but still living in their foreclosure houses rent free and without making the payments. This article explains what you should know about living in a foreclosure house and what you should expect.
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How will the stimulus package that is being discussed help you with your mortgage short sale?
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Is it always a good idea to avoid foreclosure by trying to work out a mortgage short sale or deed in lieu of foreclosure? No! This article explains a situation when it is in your best interests to let the lender foreclose...
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You are under water - you owe more than your house is worth. You are borrowing on credit cards or on your home equity line and perhaps you are behind in your other bills. You want to do a deed in lieu of foreclosure or a mortgage short sale. Should you stop making your mortgage payments?
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The right mortgage short sale expert can get your lender (or lenders if you have two mortgages) to accept your short sale. And they can get your house sold even when there are "no buyers."
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The New Year was like a dam breaking with respect to foreclosures and homeowners looking for a way out.
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Contrary to what the press is saying, U.S. housing prices are not falling due to subprime loans. This article will shock you and is critically important if you own real estate going into 2008.
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Over two million homeowners are in foreclosure and many expect they can walk away from their problems by letting their house get sold at foreclosure auction. But more lenders are pursuing homeowners for their financial losses after the foreclosure process is finished.
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