If you have fallen behind on your mortgage payment or fear that you are about to be in that situation, you aren’t alone. It’s estimated that just over 10 million homeowners are behind on their mortgage payments currently. So, what can you do? Your best bet is to be proactive. Educate yourself about your potential options as early as possible. The longer you wait to seek out a solution, the...
Every buyer is looking to get value for their dollar. For some, that will mean searching for a foreclosure or distressed property. When buying a foreclosed property, the seller is actually the bank or mortgage lender and they are hoping to recoup as much as possible from the sale. The bank or mortgage lender has already seized the property from the previous owners because of non-payment. Why is it...
