Even though homeowners are facing financial hardships, there are many ways to avoid foreclosure. On such way of avoiding foreclosure is using the Deed in lieu of foreclosure. This however may or may not be the best choice for the homeowners. Deed in lieu of foreclosure is usually the last option that would be used ...
Here we are in 2010. As we are all making resolutions to behave better, improve our lives and be better neighbors, some of us may not stay neighbors for long given the realities that we have to deal with after exchanging best wishes for the New Year. Many families in the US today, some worse ...
Bank Loss Mitigation is a special branch of banks and lending institutions which help people stop foreclosure. Individuals who work in this division are known as Loss Mitigators. It is their job to work with borrowers and help them resolve financial issues in order to save their home. In cases where this is impossible, bank ...
In many areas of the country, homes are being abandoned in record numbers, and they can be found in almost every region across the United States. Homes that have been abandoned eventually become surrounded by overgrowth, and they fall into disrepair quickly. Abandoned homes become targets for vandals, and they are a sad symbol of ...