Too many homeowners wait till they get a foreclosure notice to realize they need to do something about their situation. It is a proactive approach that will produce the best results.
The fact is that banks and mortgage lenders do not want to foreclose on your home. They will do many things to avoid it [...]

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Once you are facing foreclosure there are a few options that could help you stop the inevitable.

Short Sale: In this case the lender approves sale of the home for less than what you owe.
Deed in lieu of foreclosure: This allows you to transfer your property voluntarily to your lender.
Assumption: This permits a qualified [...]

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As I have discussed, there is a pathetic Civil Code Section 1695 that affects foreclosure sales in California. If a real estate agent has an investor client interested in a one - four owner-occupied property that has a “Notice of Default” filed, there are many problems.
First, the owner must be given a written five-business day [...]

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December marked the 5th straight month that over 100,000 Americans lost their home?in foreclosure. It is a statistic that is all to real and is hitting close to home for many of us.
The main culprit is the subprime adjustable rate mortgages which have made borrowing easy for many Americans. The low monthly payment seems [...]

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