Articles tagged: Forbearance
<< previous page 1 next page>> written by Lara Sawyer This feature provides the borrower with the possibility to interrupt the loan repayment for certain periods of time written by Dave Dinkel Discover the most frequently used methods for resolving a foreclosure, the very best solution, and what the homeowner should expect from each type. written by trish smith After you survive paying tuition for four years, covering the cost of books and racking up other payments on your credit cards, the fun doesn't end once you graduate. Part of managing the money you make after college involves knowing how to avoid repayment problems with your college loans. written by Dave Dinkel Learn whether a real estate investor technique of "subject to" financing can work in foreclosure and what are the risks to the lender, homeowner, and buyer. written by Nef Cortez We’ve all heard the saying "Ignorance is bliss"; but purchasing a house or condominium with this attitude may be until the collector starts sending a homeowner those inevitable letters and they receive phone call after persistent phone call from their loan servicer… written by Nef Cortez What do Clint Eastwood and a homeowner in foreclosure have in common? A homeowner needs to have the same grit and tough determination as Mr. Eastwood to sort between the 'good guys' and the 'bad guys' even though their circumstances might indicate otherwise. written by Nef Cortez If at any time the adage of “Let the buyer beware” were applicable, it would certainly be when a homeowner is experiencing foreclosure. Distressed homeowners undergoing foreclosure are often approached by less than ethical business people… written by Nef Cortez
No one can disagree that undergoing foreclosure ranks on the top of the list for stressful life situations! This article discusses the benefits of maintaining a positive attitude, in spite of emotionally volatile circumstances, and how it can contribute to a much more positive outcome.
written by Dale Rogers The front pages are dominated with stories of the foreclosure onslaught. Those who can be helped out of their situation now have some options, which didn’t exist a few years ago. Some borrowers are so far gone with their financial situation, many times based on circumstances perhaps out of their control, the only answer may be to try a “short sale” (where the lender will accept less than what is owed), “deed in lieu of foreclosure” (where the borrower gives back the property to avoid foreclosure) or sell it (if the borrower has some equity) or allow the foreclosure proceeding to go to it ultimate conclusion. If the borrower has committed to staying in the property and fighting through the difficult period of pending foreclosure many lenders and their servicing agent are offering possible solutions. written by Dale Rogers As the financial markets are being rocked by daily negative news including the latest lenders closing their doors and higher levels of reported foreclosures hitting new highs have stoked even more the slide of the troubled mortgage business. The mortgage products including Option ARMs, 2/28 Subprime ARMs (2 years fixed then adjusts every six months), NO DOCs, Self Employed Stated Income, W-2 Stated Income, Bank Statement Loans, No Ratio, and other esoteric subprime loan products. << previous page 1 next page>> |