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Feb. 6, 2010
Short Sale

As terrible as it is to lose your house to foreclosure, at least it’s a relief to put your biggest financial headache behind you, right?
Wrong.
Former homeowners may still be on the hook if there’s a difference between what they owed on their mortgage and what the bank could sell it for at auction. And these [...]


Jun. 17, 2009

How a deficiency judgment can effect you the homeowner
Help in preventing financial damage in a foreclosure.
Some basics to consider when you’ve defaulted on a note to a lender. The note involved in a foreclosure or repossession is an “I Owe You”: a promise and an obligation for you to pay the debt owed to the [...]