• Foreclosure is the sequence of legal proceedings by which a lender sells or repossesses a home when the homeowner has stopped making payments on the mortgage. As a homeowner, understanding the…   Read the Article

  • We fear what we don’t understand. The concept of “foreclosure” is frequently misunderstood and frequently feared. Understanding the concept of foreclosure with precision maximizes your ability to…   Read the Article

  • It's a position no homeowner wants to find themselves in: having to sell their home at a loss. Known in the real estate trade as a "short sale," the situation occurs when the proceeds of a home sale…   Read the Article

  • Not everyone who is in the market for a home has a savings account that's bursting at the seams. Whether you're young or just financially strapped, these agencies offer good alternatives to…   Read the Article

  • In all your excitement about the prospect of buying a house, you'll be tempted to twist your financial numbers so you appear more desirable to a potential lender. Instead of admitting the balance on…   Read the Article

  • Loan trouble may start with one missed mortgage payment, but it can spiral out of control. As bills stack up, how do you cope? Do you stop eating out and drop cable TV? Do you put off car payments to…   Read the Article