Tag Archive: foreclosure

Where to Find Foreclosures

April 19, 2016 by Leave a comment

When the housing bubble burst in 2007 and more than six million families lost their homes, the pain was greatest in markets where lax lending standards (which have since been outlawed) were the most widespread. Florida, Nevada, Arizona, and California—the so-called “sand states”—led the nation in foreclosures. What has changed since then? Today, the foreclosure... View Article

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5 Strategies for When You Can’t Afford Your Mortgage

March 18, 2015 by Leave a comment

There’s probably nothing more frustrating or scary than coming to the realization that you can no longer afford your mortgage payment. Even if you’ve been responsible with your money, it only takes one major financial setback to trigger mortgage payment problems. You or your spouse may lose a job, you may go through a divorce,... View Article

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Lessons a Home Foreclosure Can Teach Us

December 29, 2014 by Leave a comment

Speak with anyone who’s gone through a foreclosure and they’ll tell you it’s one of the most devastating, embarrassing situations to endure. Nobody wants to lose their home, yet a foreclosure doesn’t have to be the end of your ownership dreams. Sure, losing a home damages your credit score, but most people recover in about... View Article

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Four Reasons Why You Shouldn’t Clean Out Your Savings When Buying a Home

August 18, 2014 by 1 Comment

At a certain point in life, you’ll start to see many of your peers become homeowners. They’ve graduated from living with their parents or living in a small apartment and now have spaces of their own to call home. While you might be tempted to join them right away, there are several reasons why doing so without a... View Article

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I’m trying to buy a house that is in foreclosure through a short sale? What does this mean to me?

July 17, 2014 by Leave a comment

Buying a home that is in foreclosure can bring you savings. Such homes usually sell for a lower price tag. But buying a foreclosed property also brings its own challenges, especially if you’re trying to complete a short sale. In a short sale, a mortgage lender allows a home’s owners to sell their property for less than... View Article

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