Do your own loan modification without paying a high fee to outside companies and lawyers. If you are having trouble paying your mortgage, have an adjustable rate or your value is upside down, it is possible to renegotiate your loan terms. But be prepared to fight a long an difficult battle and realize it’s one […]
Category Archives: Short Sales
How To Buy a Short Sale (Pre-Foreclosure)
If you’re thinking about buying a home now is the time, there are lots of great deals out there and some of the best are found in the pre-foreclosure market and are what are known as short sales. A short sale is a sale in which the lender agrees to allow a buyer purchase the […]
Putting An End To Harassing Calls From Creditors
If you are receiving harassing phone calls from creditors, or debt collectors and you wish to put an end to this, you should know that there is a legal way to stop these individuals from harassing you. To halt their œcontact, send your creditor (i.e. mortgage company) a certified, return-receipt cease and desist letter (they […]
Ohio Foreclosure Process & Your Options
If you’re in danger of falling behind on your mortgage, or if you’re already delinquent, it’s important to know what’s ahead and what your options are. The faster you move, the more choices you’ll have about your financial future. The timeline 30 days: Your troubles actually start as soon as you miss a single payment, […]
Bankruptcy: Guide To A Quick Recovery
While bankruptcy deals a devastating blow to your credit and your credit score, the effects don’t have to be lasting. And contrary to what many believe, you could be qualifying for loans with good rates and terms long before the bankruptcy drops off your credit report. Nothing in Credit is forever If you’ve recently filed […]
Buying A Home After A Foreclosure Or Bankruptcy
There are numerous buyers who suffer financial hardship stemming from life events that are beyond their control. Unemployment, illness, death, and divorce can introduce financial misfortunes that seem overwhelming. Feelings of desperation and hopelessness compound the problem when the buyer adopts an attitude of resignation to his plight. Credit reports are mathematical tools that quickly […]