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 – coupled with the desperate nature of people hoping to avoid foreclosure – makes many homeowners prime target for […]

Finding Mortgage Relief In Your 401(k)

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

It isn’t what you’ve been saving for, and it will come at a price, but that 401(k) account you’ve been building for years might be the mortgage relief you need if you’ve fallen behind on your mortgage payments. Many companies allow employees to take money from their 401(k) accounts for what is called a “hardship […]