foreclosure

going to miss a mortgage payment

Think You Might Miss a Mortgage Payment? Here’s What to Do

By Aly Yale / November 7, 2019
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Data shows that foreclosures are down (way down, actually) but that doesn’t mean they no longer exist. If you fall behind on your mortgage payments — even just a month or two — it could set the foreclosure process in…

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buying a foreclosure

9 Things You Need to Know About Buying a Foreclosed House

By Tim Coutis / July 25, 2019
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Looking for a bargain? One way to save on a new home is to buy one in foreclosure. Foreclosure occurs when the borrower fails to make their mortgage payments. By defaulting on their loan, the lender has no other recourse…

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Beyond Success Story #14: Financing After Foreclosure and Bankruptcy

By Mary Mack / March 24, 2019
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During our more than 35 years in business, we’ve learned that it’s impossible for every potential borrower to have a near-perfect credit score, steady W2 income, and zero past events (like a bankruptcy or foreclosure). As a real estate agent,…

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Beyond Success Story #3: Borrower with a Foreclosure and Late Payments

By Mary Mack / December 30, 2018
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During our 35 years in business, we’ve learned that it’s impossible for every potential borrower to have a near-perfect credit score, steady W2 income, and zero past events (like a bankruptcy or foreclosure). As a real estate agent, you’ve undoubtedly…

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Foreclosure

Buying a Foreclosed Home

By Austin White / April 8, 2014
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Purchasing a foreclosure is much different from buying a typical home. Before you decide to buy, explore the potential risks and benefits of investing in a foreclosed property.

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