Personal Lending

Are you a homeowner who is trying to pay off your home’s mortgage? If so, are you having a difficult time getting that done? One of the many reasons why many mortgage holders have a difficult time getting their mortgages paid off is because of the unexpected. Many times, home buyers mistakenly do not leave [...]

If you are experiencing financial difficulties and cannot make your next mortgage payment, or if you are already behind, you need immediate help. Contact your lender as soon as possible. Explain why you are having a financial hardship and express the desire to work it out. Precautionary steps you can take to regain control of [...]

No one is immune from an unexpected financial downturn, but the reality is that no matter how unfair such downturns may be, they do not excuse us from the responsibility of paying our bills on time. And mortgage payments are no different; if you have failed to meet your monthly mortgage obligation, you may be [...]

Moving forward, if a seller is setting on a mountain of debt and just happened to have an ARM mortgage with negative amortization building up to 115% of the original mortgage this could be a bad thing. Then simultaneously the property values have dipped then the owners may find themselves upside down in the property [...]

These days, especially in areas such as California, many individuals are beginning to feel the after-effects of the recent housing bubble while running into a few financial problems along the way. Lenders have been laying off employees, several sub-prime lenders have gone under and it seems there is no escaping the realities of this current [...]

After a foreclosure happens, most homeowners will be able to live in their house payment free for a period of anywhere from 4 months up until 12 months on average (sometimes even longer). This is because the foreclosure process is not a simple open and shut case. Paperwork needs to be filed from the mortgage [...]

Loss Mitigation is the art of helping delinquent homeowners, in or close to foreclosure, to save their home and of trying to stop a home foreclosure before it happens. It is an intervention program designed to help homeowners save their homes from foreclosure, through third party negotiations with the lender or investor. Although it seems [...]

Whether you live in Seattle, San Francisco or Miami you most likely have heard of the recent skyrocket in the number of foreclosures. The statistics are jaw dropping in housing markets across the United States. California filings have increased by 221% when comparing October of 2007 and October of 2006. Most markets are also in [...]