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3 result(s) displayed (1 - 3):

June 15, 2009

Avoid Foreclosure

If you need to avoid foreclosure, you don't have any time to waste. Although lenders are doing their best to help financially-strapped borrowers keep their house, there are only so many options available. Unless you have the financial means to cure mortgage arrearages and stay on track, you might not be able to stop the foreclosure process.

There are steps you can take to avoid foreclosure, but you must take immediate action. If you haven't already done so, now is the time to contact your mortgage lender. The longer you procrastinate, the harder it will be to convince your lender to work with you.

Real Estate Investing article on "Avoid Foreclosure"

July 20, 2008

Real Estate Foreclosure

Real estate foreclosure rates have skyrocketed to unprecedented numbers and created a devastating economic fall-out. Real estate foreclosure isn't limited to homeowners. It also affects real estate investors, business and cooperative programs, farmers, business owners, banks and lending institutions.

Real estate foreclosure can be devastating to anyone facing the loss of their property. However, there are solutions available to individuals who have become delinquent on their mortgage payments. While these solutions may or may not allow the Borrower to retain their property, they can ease the financial burden and lessen the pain of the foreclosure process.

Real Estate Investing article on "Real Estate Foreclosure "

November 25, 2007

Forclosures

Home forclosures are escalating across the entire nation, forcing people out of their homes and into bankruptcy. Florida has taken one of the hardest hits in foreclosures, with more than 20,000 filings in 2007. California and Texas are close behind, with forclosures reaching well over 10,000 in each state.

Foreclosures in Arizona have risen over 40 percent since last year and Colorado reports 1 out of every 345 households has filed forclosure or on the brink of filing. Vermont, Maine and the District of Columbia seem to be the only states immune from forclosures. However, experts predict foreclosure rates will rise in these states when adjustable-rate mortgages start escalating.

Real Estate Investing article on "Forclosures"