The real estate market is now coasting upward like a 4th of July rocket. You know how that even though the fuel has run out, the rocket keeps going up, at least for a little while? That is what is happening to the housing market now.
The National Association of Realtors is right, the market IS […]

It\’s a question that\’s being asked by the thousands of homeowners across the country who bought into adjustable-rate mortgages a few years back, and are now facing absurd raises in their monthly mortgage payments.
If you have been caught up in the sub-prime mortgage crisis, or are under financial strain for any other reason and cannot […]

You may have gone by a house and saw the orange stickers on the front door or windows. You looked at the sign stating this was a HUD homes for sale. It also said to contact a local real estate agent.
You looked around the property and thought this is what you have been […]

Aside from National Factors that affect Real Estate and the Foreclosure Market, there are also Local Factors that affect our market. Again, there are five factors.
The first Local Factor that affect your Real Estate Market and the money you can make is Migration and Job Growth. If the area has an increase in jobs and […]

A newly released study by Freddie Mac, the mortgage giant and the Roper Organization; professional pollsters, showed that 61% of delinquent homeowners did not know about workout options offered by lenders designed to help them save their home.
This is a shame as Freddie Mac’s records show that up to 80% of delinquent borrowers can be […]

Homeowners are desperately trying to find creative ways to avoid a foreclosure. A common mistake that these homeowners believe is that, if they sign over a quitclaim deed, the foreclosure will not show up on the credit report. There is a misunderstanding of what a quitclaim deed is really all about and how […]

Banks are beginning to rely more and more on a unique method of bribing homeowners to leave a foreclosed property without causing damage to the house. For a few thousand dollars, banks attempt to persuade foreclosure victims to leave the house without having to be evicted, and without ripping out any of the fixtures or […]

In the state of Indiana banks and lending institutions which have mortgages likely to go into default have an alternative to traditional foreclosure in the form of a deed in lieu of foreclosure. If both parties involved in the mortgage agreement, the borrower and the lender agree to the transaction, the deed in lieu […]

Bank foreclosure is a devastating thing. You will not only lose your home but a lot more. Your credit record will be destroyed and you will find it very difficult to borrow any loans to help you out in the future. However sometimes this is your only alternative. When you receive the letter of repossession […]

The Florida dream is rapidly becoming a nightmare for tens of thousands of state residents. According to the popular press Florida foreclosures are still showing an alarming upward trend (Florida is ranked only behind California in total properties in foreclosure) with little relief in sight in the near or distant future. Lenders, financial experts, and […]