Articles, tagged with "foreclose", page 2
19th November 2010
There is a solution to the difficulty of managing your financial affairs when you do not have any collateral to present as security for a loan. What is it? It is a financial instrument called an unsecured debt consolidation loan.
The word "unsecured" m...
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Author:
Jane
10th November 2010
•A foreclosure stays on your credit for 10 years as a public record
•A Short Sale only affects your credit for 2 years and shows as paid, not a public record
•After a foreclosure, you can't finance a house through Fannie Mae for 5 years.
•After a Shor...
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Author:
Professor Loan Mod
15th October 2010
We are but puppets in the hands of fate. The future is something that is not known to us. We are social beings who follow a normal pattern of growing up, getting educated, fining a job and a career, getting married, having children, taking home loan, pay...
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Author:
Bennett Sharpe
13th August 2010
Many people in America today are faced with a financial problem. They simply owe more on their mortgage than their house is currently worth. In the industry, this is referred to as "being underwater" or an "underwater mortgage".
This current state of a...
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Author:
HomeLoanGuru
10th August 2010
Turning in a file that is 100% complete is a demonstration of keeping your word and your commitment to the lenders. Where can we find the definition of a complete file, especially when different lenders have different requirements? Is it possible to submi...
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Author:
whbsolutions
09th August 2010
Reaffirmation agreements are standard in bankruptcy. But before I can explain if you should sign a reaffirmation agreement, we need to understand exactly what a reaffirmation agreement is. A reaffirmation agreement is a contract created by your secured cr...
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Author:
Detroit Bankruptcy Lawyer
06th August 2010
Being in debt doesn't just mean that you creditors are calling--it means that they have taken over your life. Though it is an unpleasant situation, there is something that can be done. Chapter 13 bankruptcy allows you to take that control back--with legal...
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Author:
JamesBrown
16th July 2010
Are you in or facing foreclosure? Has the market value of your home decreased and you're now upside down? These may be good opportunities to do a loan modification on your mortgage. A "loan mod" as it is sometimes called, is the process of changing t...
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Author:
madhatteraz
01st July 2010
The thought of buying your own home is thrilling. It will probably be the biggest purchase of your entire life. Some people spend their whole lives looking for that perfect place. It is a huge part of your life, and the decision will need to be taken very...
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Author:
Smarticlesmart Inc
17th June 2010
What your banker won't tell you...
This summer could be a foul season for many consumers followed by tumultuous times for the remaining years. The quadruple jinx of rising interest rates, higher credit card minimum payments, erratic fuel costs, and dep...
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Author:
Dane Pearson
16th June 2010
Most homebuyers are on the hunt for short sale home to be able to get a good deal. Nonetheless, before plunging ahead when you see a home listed with a very low price, asks your real estate agent to contact the listing agent and find out if this is a shor...
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Author:
sonnix
14th June 2010
If you're thinking about investing in foreclosure attributes, there are actually only two methods you can do it profitably, and with no competition... and with much less than $1000 in the bank, if you're smart.The very first way is to buy foreclosure qual...
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Author:
Wilford Osborn
03rd June 2010
There are many misconceptions about how credit scores work and what happens to yours if you miss a bill payment, foreclose on your mortgage or short sale on your home. Some borrowers may think that because they never missed a payment, they can just walk a...
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Author:
Molly
14th May 2010
There are a myriad of standard defenses that can be used in a foreclosure case based on the errors and omissions of mortgage lenders and servicers when servicing, transferring, or collecting funds allegedly due under the terms of a promissory note and mor...
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Author:
TillerLaw
25th February 2010
Your debts can be secured or unsecured. Secured debts usually are tied to an asset, like your car for a car loan, or your house for a mortgage. If you stop making payments, lenders can repossess your car or foreclose on your house. Unsecured debts are not...
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Author:
Hunter Gallagher