The 2013 government shutdown could not have come at a worse time for the housing market. Millions of Americans are still looking for a way out of foreclosure, and with state and federal services suspended, individual homeowners will slide further into despair; [Read more...]
The foreclosure process in New York City…
You and your family can be forced out of your home within a matter of months; foreclosure is a relatively quick process. Avoiding a foreclosure depends on the severity mortgage delinquency, and on credit rating. [Read more...]
2 million Americans are in foreclosure
Foreclosures consume the homeowner, and their every day life, with drastic consequences. Only if a borrower has managed to save his or her credit from late credit card payments, and is able to qualify for a loan modification from the bank, will a temporary solution be found. A loan modification is an excellent method to avoid foreclosure. [Read more...]