Archive for Foreclosure Laws

  • Don't Feel Guilty Staying In Your Home During Foreclosure Don’t Feel Guilty Staying In Your Home During Foreclosure

    If you are beyond hope of mortgage modification, and somewhere in the process of foreclosure, you may be dealing with some guilt with regards to staying in the home without making any payments to the bank. After all, most of us have been raised with some sort of moral philosophy that requires pay...

  •  How Long Can You Remain In Your Home After A Foreclosure Sale? How Long Can You Remain In Your Home After A Foreclosure Sale?

    Once every other remedy to avoid foreclosure fails, such as arranging a short sale, reinstating the loan, or negotiating a loan modification, what comes next? After the home has gone through the foreclosure process and a sale has been completed, many assume that it is a foregone conclusion that ...

  • How The Foreclosure Crisis Affects The Collateral Value of Houses How The Foreclosure Crisis Affects The Collateral Value of Houses

    One of the often overlooked consequences of the current mortgage crisis and the accompanying rash of foreclosures and loan modifications across the country is its impact on the collateral value of houses. Additionally, we need to consider how that will affect borrowers in the future. [caption ...

  • Commonly Asked Questions About The Home Foreclosure Process

    With the economic turmoil currently facing the world, there are millions of homeowners facing foreclosure who in the past would never have had to consider it as a possibility. Consequently, many are now asking questions about the basics of the foreclosure process, what they should expect, and wh...

  • Should You Consider Working With An Attorney On Your Foreclosure? Should You Consider Working With An Attorney On Your Foreclosure?

    If you are facing possible foreclosure on your home, there are a number of reasons why you might consider hiring an attorney to help you through the process and ultimately avoid foreclosure. Of course, for many individuals, doing so is not even really a consideration due to the cost involved. How...

  • Foreclosure Laws and What To Expect As A Borrower

    Due to the current economic turmoil being experienced in the United States, there are many homeowners who now find themselves in the position of being behind on their mortgage payments. It goes without saying that this is an extremely stressful, and often scary scenario to find oneself in. Havin...