Monthly Archives: November, 2007
Tips for Avoiding Foreclosure – HUD
HUD has put out a document for homeowners entitled, Tips for Avoiding Foreclosure – HUD. They are pretty simple Don’t ignore the problem Contact the lender as soon as possible Open and respond to mail from your lender. Know your mortgage rights. Understand foreclosure prevention options. (Selling in one of them) Contact a HUD approved [...]
Foreclosure Scams explained.
Mortgage Net Daily spells out several foreclosure scams and good advice to help sellers avoid such scams. Upfront fees: Some unscrupulous scammers charge hefty upfront fees for their services, claiming to help the homeowner, and then fail to deliver. On the other hand, I know of one company of integrity that does charge an upfront, but [...]
Behind on Payments? Credit Counseling and Short Sales
At MortgageNet Daily, there is a new article about credit counseling, which can be a viable option for those who are falling behind. It goes on to describe information about the challenge of short sales (loss mitigators are overwhelmed), and how to work a short sale. If you are considering a short sale, please read [...]
