All Entries in the "Foreclosures" Category
Atlanta Foreclosures are Beginning to Sell
There’s no doubt that one of the major contributing factors to the current economic climate of the Atlanta real estate market is the number of foreclosures. Unfortunately, the high foreclosure rate has taken a heavy toll on the banks and made them a little less willing to finance a home loan. Well, on the plus [...]
Part 2: The 411 on “Short Sales” and Foreclosures
In Part 1 of “The 411 on ‘Short Sales’ and Foreclosures we defined a Short Sale and discussed what homebuyers and Realtors need to know prior to entering a Short Sale situation.
In the second part of this series I will explore Foreclosures and take a deeper look at all that is associated with the process. [...]
Facing Foreclosure and the Value of the Property is Less than What You Owe?
It’s another unfortunate factor within the nation’s housing crisis and it’s happening all across the nation. Homeowners are paying on mortgages that are more than what their home is worth. If you are planning to stay in your home for many years to come, as the market stabilizes, your home’s value will begin to increase [...]
The 411 on “Short Sales” and Foreclosures
We’ve all heard the terms “short sale” and foreclosures, but what do they really mean to you as a homeowner? What do they mean to homebuyers? to Realtors? Through this multi-part series we will explore what these terms mean and how they could apply to you.
Part 1: What do I need to know before entering [...]
Facing Foreclosure? Talk to Your Lender First
If you have fallen behind on your mortgage payments, or are afraid that you might soon fall behind on your payments, the first thing that you should do is talk to your lender or “loan servicer” collecting your payments. Be proactive. The earlier that you contact your lender, the better your chances are of coming [...]
