Foreclosure

Losing a home to foreclosure is hard on everyone, especially younger kids. Tell the kids that the house is in foreclosure with help from a licensed marriage and family therapist in this free video…

You need to reply to a foreclosure summons in a very specific way. Reply to a foreclosure summons with help from a licensed realtor in this free video clip.

ADR stands for "Alternative Dispute Resolution." Learn what it means if your foreclosure is exempt from ADR with help from a licensed realtor in this free video clip.

Approximate acceleration depends on what kind of function you have as your speed. Learn how to approximate acceleration with calculus with help from a mathematics educator in this free video clip.

If the writing's on the wall and you know you're going to lose your home, you may consider foreclosure if you've exhausted all other avenues. Because most foreclosures in California are nonjudicial…

The non-judicial foreclosure procedure in California allows mortgage lenders to foreclose on a home without going to court. Although the process is simpler than a judicial foreclosure, it still takes…

When a mortgage lender forecloses on a property, the owner can be held liable for legal and processing fees associated with the proceedings; he may be required to repay any portion of the mortgage…

Foreclosure proceedings are typically handled in court, though nonjudicial foreclosures are possible. The defendant in a judicial foreclosure does not have the right to refuse a motion to withdraw…

Economic indicators are statistics used to indirectly gauge the status of the economy because of the difficulty in directly measuring its condition without prohibitive expenditure of time and effort.…

Hardship letters are an "x-factor" that can help you overcome a lender's normal credit requirements. Some lenders require a hardship to obtain certain loan services, especially loan…

A trustee sale is a public auction of real estate in which the owner is in default on the mortgage. The trustee facilitates the foreclosure process on behalf of the lender or mortgage company. A…

Someone has to continue to pay for insurance on a house once it enters into foreclosure. Find out who pays insurance on a house in foreclosure with help from a licensed Realtor in this free video…

If you're going through foreclosure it helps to have a detailed plan of what to do next. Get home foreclosure workout plan tips with help from a licensed Realtor in this free video clip.

Pre-foreclosure refers to the legal procedure that is undertaken to foreclose a house when a mortgage holder fails to make payments on a mortgage. The pre-foreclosure process takes time because it…

The information found in your credit report determines your credit score. According to FICO, your FICO credit score ranges from 300 up to 850, and the higher your FICO score the better your credit is…

Lenders in Texas can foreclose on your house if you default on a home loan. The foreclosure process culminates with an auction after which all of the liens on your home are extinguished. However, your…

Texas law permits both judicial foreclosure, which involves filing a foreclosure suit in a Texas court, and nonjudicial foreclosure, which is conducted without court involvement. A lender may carry…

Your mortgage lender has the right to take your property if you stop making payments. Missing one month's payment might not trigger a foreclosure, but if you repeatedly skip payments and fail to make…

As part of a homeowners association, you generally agree to be part of an organization responsible for the upkeep of your neighborhood or subdivision, in exchange for fees and certain rules set forth…

A homeowners association is responsible for the assets that the entire community shares, such as swimming pools, entrance gates and playgrounds. To fund its activities, an HOA charges membership dues,…

If you are unable to make your mortgage payment for several months, your mortgage lender may choose to foreclose on your home. Foreclosure is a legitimate concern, particularly if you will have…

A foreclosure is essentially a financial rock bottom. It occurs when a homeowner is unable or unwilling to pay the amounts due on his mortgage. Many mortgages are structured so that tax payments are…

Although buying a home can be exciting, selling your existing home while buying another can be a cumbersome and frustrating experience if your existing home does not sell as quickly as you…

A foreclosure is the process used by a person who has secured a loan through a mortgage to recover his money by selling the underlying property. While the process is meant to allow the lender the…

A final judgment is signed by a judge once the foreclosure case has gone through court proceedings. The final judgment allows the lender to legally sell the property in order to recoup some of the…

Losing a home to mortgage foreclosure is devastating, and it often takes years to rebuild credit. Mortgage options are limited after a home foreclosure. But if you want to purchase a new property…

Residential rental property in the process of foreclosure is still legally yours until the foreclosure process is complete and the bank acquires the property. During the time the property still…

The Compaq FS755 is a CRT monitor, once sold with several models of Compaq desktop computers. When the display images begin to have problems or you can't seem to play games because the video and…

Difficult economic times often result in high foreclosure rates within a stricken area or across the country. Many home owners, who may be struggling to keep up with mortgage payments, will find…

Going through a home foreclosure can make you not want to do your lender any favors, including maintaining the house in good condition and appearing at court hearings. Upholding these obligations can…

The length of time that a house can be in short sale status before changing to deed in lieu of foreclosure varies. The economy, the area the home is in and the lender's desire to move the house off…

Even though seniors often own their homes by the time they retire, they can still face foreclosure because many opt to supplement their income with a reverse mortgage -- where the bank offers a loan…

A foreclosure modification is actually a loan modification. A loan successfully refinanced or modified with the cooperation of the lender helps avoid foreclosure. Modification programs work if the…

If you fail to make your mortgage payments, foreclosure is sure to follow. There are two types of foreclosure you may encounter: judicial and nonjudicial. In a judicial foreclosure, the entry of a…

Homeowners associations, often called HOAs, generally have the right to foreclose on your home if you fall behind on your HOA dues. Depending on where you live, HOA dues are no more than a few hundred…

Oftentimes, foreclosure sale dates are postponed while homeowners are arranging a short sale or a mortgage modification. When foreclosure sales dates are postponed, the lender agrees to put the sale…

In some states, foreclosures can happen so quickly that you won't have the opportunity to rent. In states with longer time frames, you may not be able to keep the rent even if you do lease a property,…

California is a title-theory state, meaning that the lender — such as a bank — holds title to a property until the borrower’s loan obligation is fulfilled. When you buy a home in…

What happens when you are served with a foreclosure notice depends on your particular state, because laws varies across the country. If you have trouble paying your mortgage, contact your lender as…

Your responsibilities as a homeowner don't always end after a foreclosure. In some cases, your lender and your community benefit if you don't move out right away. Plus, you may have ongoing financial…

Your wages and other sources of future income, as well as assets -- such as bank accounts -- are subject to garnishment in lieu of unpaid financial obligations. An IRA, or individual retirement…

Pennsylvania law provides only for judicial foreclosures, meaning that lenders must notify borrowers of the pending foreclosure -- in writing via first-class mail -- after borrowers become 60 days or…

If you take out a secured property loan, you must forfeit that property if you fail to pay off the debt. You may also have to forfeit your property if you fail to pay your taxes, and, in some…

In Florida, the foreclosure process is overseen by a court, and the process is referred to as judicial foreclosure. Many other states allow for both judicial and nonjudicial foreclosure, however,…

The wave of foreclosures that swept through the late 2000s left hardly a corner of America untouched. More than 6.9 million Americans were in some process of foreclosure or default as of March 2011,…

When you rent an apartment or home, you assume that the rent you pay each month is being used to pay the mortgage owed on the property. Sometimes, however, that is not the case and the property ends…

The housing crisis and recession that began in 2007 catapulted the housing market into its worst foreclosure crisis. While government measures to keep distressed borrowers in their homes are…

Mortgage lenders may offer loss-mitigation programs to borrowers in foreclosure. A forbearance agreement provides additional time for homeowners to resolve their mortgage default through selling their…

When a home goes into foreclosure, it is usually after many months of payments have been missed by the borrower. Banks usually start the foreclosure process after sending many notices to their…

Mortgage relief comes in many forms, and getting relief from a lender can help avert a home foreclosure. But before a lender considers providing help, such as allowing a deed in lieu, it needs to…