5 Useful Tips For Tenants For Renting A Foreclosed Property

Foreclosure is when a family or the owners of the house are unable to complete the mortgage due to financial constraints or other reasons. Being a very harsh and unpleasant thing to go through for the owners, it could also be unpleasant for the new tenants. When the landlord fails to pay the mortgages, the […]

What Is The Process Of Buying A Home From A Land Bank?

It is likely that you will find excellent deals in property purchases if you live in a county or a city that has higher rates of home abandonment. In cities where home abandonments and foreclosures have become an important issue for the government to deal with, the government usually acquires such properties and resells them […]

Southern California’s Foreclosure Work Running At One-Tenth Its Peak Pace

The ugly end of the previous business boom may still be sending economic flashbacks. The thing to be worried about is the undergoing extended economic upswing as the business boom is nearing its end, which could result in a slowdown, causing trouble for the real estate market. Despite the changes in the ongoing expansion, one […]

How Can A Foreclosure Defense Attorney Help Me Work With My Lender To Avoid Foreclosure?

If your lawyer has enough time to do so, he or she may be able to work with your bank to avoid the foreclosure process. There are a few different ways your lawyer can accomplish that outside of the court room. Loan modification: A loan modification is a written agreement between the lender and the […]

What Is Pre-Foreclosure?

Pre-foreclosure is actually not really a legal term. It’s something that lenders, debt collectors and trustee companies made up to make it sound like foreclosure is imminent but it’s not actually a term that you will find anywhere in the civil code or the foreclosure regulations. There is no such thing as legal pre foreclosure. […]

What Is A Short Sale?

A short sale is not a distress sale, it’s actually when the amount owed on a property, the total of all the mortgages, all the mortgages recorded on title, that amount is greater than the value of a property. For example, the first is $500,000, the second is $200,000 and there is a third for […]

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