Foreclosure vs Short Sale? Hopefully you will never have to decide whether or not you want your home to foreclose, or start the process of a short sale. If you do, however, we have put together a chart of how both can impact a homeowner. But first, let’s go over what each term means: Foreclosure A […]
Foreclosure: What is it and Should I Be Looking For One?
Foreclosure So let’s just get to the punch – A foreclosure is simply when a homeowner’s rights are surrendered because of nonpayment of the mortgage. You can learn about the lengthy process a foreclosed home goes through by reading our recently published blog titled “All About Foreclosure.” However, the bigger question is: Should you be […]
Foreclosure: What is it?
Foreclosure Don’t know what a foreclosure is? Well you’re in luck. This entire blog is about foreclosure and its lengthy process! Sounds interesting, right? Let’s jump in shall we… A foreclosure is when a homeowner’s rights are surrendered due to nonpayment of the mortgage. If the homeowner cannot payoff the remaining debt, or sell the […]