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‘Stop Foreclosure’ Scams
With the increase in foreclosures and the increase in the number of homeowners who are facing foreclosure, it is little surprise that some disreputable people have tried to take advantage and make money from this crisis. Many people are representing themselves as experts in avoiding foreclosure, and are charging money to perform ‘services’ that the homeowner can easily perform themselves. Paying [...]
Selling a Home to Avoid Foreclosure
If you have fallen behind on your mortgage payments and do not anticipate that you will be able to make payments in the future, the best solution may be to sell your home. If you sell your home before you have missed many payments, you may be able to avoid foreclosure and the damage that will do to your credit rating. For those who decide that selling their home is the best way to avoid foreclosure, [...]
How to Stop Foreclosure Through a Forbearance Program
If you are having difficulty making your mortgage payments, as a result of a job loss, reduction in income, divorce, medical bills or some other reason, you may be able concerned that your lender will foreclose on your home. The thing you need to keep in mind, however, is that your lender probably doesn’t want to foreclose on your home any more than you want them to. If you have missed three payments, [...]
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