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Posts Tagged ‘Foreclosure’

What is a Pre-Foreclosure in California?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. Pre-foreclosure In California Many homeowners across America and California are facing difficulties in making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a warning, notifying…

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How to stay in my home after foreclosure in California

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose…

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Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower/seller, a short sale and foreclosure each present different advantages and difficulties. Foreclosure In California. In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop making your house payments……

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Can I sell my San Antonio house in foreclosure?

Do you have a San Antonio, TX house that’s in foreclosure right now? Many people going through the TX foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can…

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Understanding the Foreclosure Process in California

Understanding the foreclosure process in California is an important part of navigating your own home foreclosure. Before we dive in… What Is Foreclosure Anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally, after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not…

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