If you have fallen behind on your mortgage, Chapter 13 bankruptcy may be an option to consider to help you get caught up on missed payments. One of the most common reasons why Chapter 13 is filed is to cure a mortgage in default. The action not only helps in saving your home but in [...]
Many debtors worry about what will happen to their home when they file bankruptcy. Many tend to steer away from the idea of filing in fear they will lose their home. The good news is that most people who file are able to keep their homes thanks to the homestead exemption. The exemption can be [...]
Chapter 13 bankruptcy offers homeowners several options when it comes to dealing with foreclosure , a mortgage default or even a second or third mortgage. Chapter 13 is known for helping homeowners obtain affordable mortgage payments that allow them to keep their homes. The following options give more details on how struggling homeowners can utilize [...]
The Federal Housing Administration (FHA) knows that the housing problem across the United States is not just causing problems for homeowners but is at the core of the financial problems across the entire country. To try and remedy some of this malaise they are working to reverse some of the losses that a foreclosure can [...]
According to The Street the Obama Administration is going to be announcing a new program that will sell government owned foreclosures to investors as rentals. The goal is to reduce the foreclosure supply in the market which in turn will hopefully encourage housing prices in those cities to rise and will also capitalize on the [...]
The housing crash around the country is widely known and is probably the leading contributor to the economic problems the country faces. But this isn't all that the housing boom and subsequent crash has brought to the American public. We're now facing a foreclosure crisis fueled by illegal robo signing practices used by the banks. [...]
Homeowners not familiar with loan modification may wonder what can lawyers do or why they would need legal assistance. There are multiple reasons a lawyer may be sought; not just after the process when a homeowner could be losing their home due to foreclosure but even before and during the process. A lawyer can give [...]
An underwater mortgage means that your home is worth less than what you owe on it. This is also sometimes referred to as being upside down on a loan. Unfortunately, the housing market today is still doing pretty poorly across America and more and more people are finding their mortgages far surpassing the actual value [...]
Mortgage modification may be an option for homeowners unable to refinance their home or seeking foreclosure prevention . Many homeowners are often skeptical at getting a modification due to hearing myths, being misinformed or claiming it is just impossible. While the process does include multiple steps; homeowners have been successful in getting their terms adjusted. [...]
Ron Betenbough's company has been building homes in Texas for the last 20 years and has always been more than willing to compete by offering great prices. Now, however because of the number of foreclosures occurring, this has become difficult. He has now taken a new approach by creating construction that has features that save [...]