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Share You might feel as if most lenders are big, bad bossies that breathe the foreclosure word down your neck every time you even look like missing a payment, but this is not so. Many people feel this way because when they try to do the right thing and contact the lender due to payment . . . → Read More: Episode 36 – Why Lenders Don’t Want to Foreclose Share If things have gone from bad to worse and your bank has decided to foreclose, don’t give up hope of keeping your home; there may still be some way to save it. For foreclosure to become a fact of life, you need to have missed more than one payment on your mortgage. Most often . . . → Read More: Episode 35 – What to Do If the Bank Decides to Foreclose Share Myths are a bit like gossip, the more they are repeated the worse they become. And in most cases they are not true to start with. All bad things bring their own spate of myths and gossip and foreclosure is no exception. One of the most common myths in foreclosure is the one that . . . → Read More: Episode 34 – Common Foreclosure Myths Share Foreclosure is more common these days than ever before. This has come about by unscrupulous lenders offering ‘easy money’ mortgages to those who want a home but really cannot afford the repayments. These people do not understand that once the time low interest rates is up, they will then have to pay a great . . . → Read More: Episode 33 – How Common Is Foreclosure? Share There are several ways to stop a foreclosure, but the best way is to prevent it from happening in the first place. To do this, you must act before your lender files that notice of default. If you call your lender as soon as you know that your payment will be late – or . . . → Read More: Episode 32 – Can You Stop a Foreclosure? Share What is Foreclosure? When a person buys real estate such as a house on a block of ground, they mostly need to borrow money from a lending organization. They then have to pay back this money – plus interest – over a period of years. Since life . . . → Read More: Episode 31 – What is Foreclosure? |
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