Compare traditional sales, short sales, and foreclosures. Understand the different processes, benefits, and financial implications to make an informed decision.
Facing an upside-down mortgage can be overwhelming, but there are effective steps you can take to manage your situation. This article explores four key actions to help you navigate financial challenges, from assessing your financial status and considering loan modifications to exploring short sale options and seeking professional advice. Learn how to turn your negative equity into a manageable solution and protect your financial future.
Stopping the foreclosure process of your home can be difficult, but not impossible. Dealing with the banks, negotiating terms, and stressing over your mortgage can feel completely unbearable, but luckily you have lots of options available to you. Foreclosure is more common than you might think and can affect millions of Americans every year. If … Continued
If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly … Continued
Facing an underwater mortgage? Learn about your options for selling your house in Texas, including short sales and working with direct property buyers.