Recently, my significant other and I found ourselves facing bank foreclosure on our home. We knew it was coming. We had missed several mortgage payments while we were laid off from our jobs at the mine...

There are some myths and misconceptions about foreclosures. Understanding the process, what can and can’t happen, and what you should expect will help you deal with any potential problems before you’re facing eviction and imminent foreclosure...

Judgment liens can be placed against ones home or other assets when they refuse to pay credit card bills, home improvement bills, or just about any other type of bill. All a creditor needs to do is pursue payment and if the homeowner is not able or unwilling to pay, the creditor can go to court and a judge can place a lien against the home of the person that owes the debt...

Foreclosure is not a word that any of us wants to even hear, let alone think about the process happening to us. But, financial hardships may befall the most responsible people and the foreclosure process may look more and more like it may happen in your life or the life of someone you love...

With the housing market cooling and demand for mortgage loans shrinking, banks and other lenders are turning to nontraditional and sometimes riskier mortgages to bring in additional business and make up their dropped off business...

Foreclosure investing is actually quite another world when people have finally taken that risk and go for it. This really applies to anything else in life. Remember all those late nights where you'd stay up and watch those "how to make millions in your sleep" commercials...

There are many different things to invest in these days. One investment route which individuals take is with regard to foreclosures. Foreclosures occur when the current homeowner of a property fails to pay their monthly mortgage and the property is repossessed by the lender...

One of the keys to maintaining the middle class in America is homeownership. In fact, the government takes an active role in promoting ownership through incentives. Home Loans and Government Websites The government is famous for influencing the behavior of all of us...

Bank foreclosure real estate, also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may have not sold at the auction...

When it comes to buying a new home, probably one of the biggest things on everyone's mind is whether they'll be able to find the property they want within the price range they can afford. It seems like everywhere you look property values are on the rise, and especially in urban areas, it's becoming difficult to find a home that meets your practical standards and still falls within the affordability range...

Where do most investors turn to when they seek preforeclosure opportunities? Sure, they take a look at free foreclosure listings or even sources of foreclosure listings that they pay for. While these sources may lead to productive and profitable deals, they also require extensive marketing and business promotion in order for an investor to tap into these preforeclosure opportunities...

Buying great pre foreclosures is one of the most effective ways to find discount property available for direct purchase in today's competitive market. With so many people searching for homes through real estate agents and other traditional forms of property purchase, it can be tough to find any substantial savings...

You’ll find there are some people who tout the benefits and advantages of buying homes that have gone through foreclosures. Often, those homes are offered up for auction to the highest bidder and there are some really good deals to be had at that point...

If you are in a position where you are forced to move, say by job transfer or because of health and clinic attendances, and you cannot sell your home, what can you do? Well, first let's clarify the issue: chances are, you can sell your home - but you don't want to sell it for a nominal amount...

If you’re looking at the potential for foreclosures, the worst thing you can do is take a “wait and see” attitude. In fact, the earlier you can start talking to – and negotiating with – your creditors, the better...