Avoid Foreclosure Scams by Watching for Warning Signs

On June 20, 2011, in Equity, by Justin Velthoen

At a time when so many homeowners face property ownership difficulties, foreclosure scams are a real concern that should make even the most desperate homeowner take caution when looking for assistance. Dishonest financial counselors often make promises they canít keep, request information that isnít relevant to the foreclosure process, and charge unnecessary up-front fees, all […]

Home Foreclosures On The Decline. How can you avoid one too?

On June 1, 2011, in Foreclosure, by Justin Velthoen

Notice of Trustee Sale (Home Foreclosure) filings in Arizona plummeted nearly 28 percent in from March to April. Foreclosure filings in California fell to their lowest point since the housing market bottomed out in the fall of 2008. And Notice of Default filings in Nevada dropped nearly 18 percent from March to April. Are these […]

I’m Working On A Loan Modification, But Is My Bank?

On May 20, 2011, in Foreclosure, by Justin Velthoen

In many cases, it’s a homeowner’s “Hail Mary,” a last-ditch effort to preserve their home. But getting approved for a loan modification, despite recent encouragement from the federal government, is not as simple as merely calling your lender and asking for one, or visiting its website and applying for one. There is nearly as much […]

FTC Rule Protects Homeowners From Mortgage Relief Scams

On May 20, 2011, in Foreclosure, by Justin Velthoen

With so many uncertainties, so much legal jargon, and so many documents that require the eye of a licensed professional, navigating the complexities of the foreclosure or short-sale process can be daunting to many homeowners. That Ė coupled with the desperate nature of people hoping to avoid foreclosure Ė makes many homeowners prime target for […]

I’m Losing My Home to Foreclosure. What Can I Take With Me?

On May 15, 2011, in Foreclosure, by Justin Velthoen

Often bitter after losing their home to foreclosure, many homeowners look for ways to ďget evenĒ with a bank or lender. And one of the most common tactics is to strip a house of anything they can. Literally. While homeowners are fully within their rights to remove any personal property from a home following foreclosure, […]

Protection for Homeowners

On February 22, 2011, in Foreclosure, by Justin Velthoen

Recently, the FTC (Federal Trade Commission) came out with a new ruling to protect struggling homeowners. In the Mortgage Assistance Relief Services (MARS)†rule, it is illegal for anybody claiming to offer mortgage relief services to charge advance fees and must now put some disclosures into writing while also making the homeowner aware of any risks […]

Save My House From Foreclosure

On February 5, 2011, in Foreclosure, by Justin Velthoen

Donít ever let someone charge you for help that should be free! There are plenty of scam artists out there that will try and talk unaware homeowners into paying them for a service that is free of cost.