Regardless of the careful consideration most of us put into the decision to buy a home, circumstances have forced many people into foreclosure. But it's the last thing your lender wants to do. So how can you avoid losing your home?
Foreclosures aren't pretty, and you may feel that you've exhausted all your options to save your home. Luckily, there's an alternative that may provide that final-hour solution: a short sale. Why would you choose a short sale over a foreclosure?
The economic downturn and real estate market crash led many homeowners into the distressing process foreclosure. However, for some, there's another option. How can a short sale be better than a foreclosure?
When you're suddenly unable to keep up with your mortgage payments, a barrage of questions come to mind: What happens next? Will you lose your home? But the most important question is can you stop the foreclosure process?
You'll deal with a lot of different people in your quest to buy or sell a home: a realtor, inspector and lender. But the one who might have the most power over the outcome is the appraiser, and he just may be hiding something.
We wish it were as easy as putting a sign in your front yard and listing the house on the Internet, but selling your home is going to take a little bit more work than that. But you don't have to spend a ton of money to get it ready.