The Faces of Foreclosure

Each day many homeowners receive a foreclosure notice all across the United States, effecting not just neighborhood but from the inner city to middle class, and even the quite wealthy areas. Many of the foreclosures have hit young families, first time homebuyers and middle age couples. So, who's

Landlords Facing Foreclosure

It's been happening more frequently, where tenants are being evicted due to the landlord facing mortgage foreclosure.  Unfortunately, many tenants do not know there is anything wrong until a sheriff comes to the property to serve the foreclosure notice.  The tenant has already paid the montly rent and

Foreclosure Knocking on Your Door?

There are a few stages to foreclosures - the later stage the more harsh the penalties to your credit rating.  Thus, the faster you act, the better the outcome. Here is a list of scenarios from worse to least-damaging in the foreclosure process. Foreclosure -Damage your credit rating for 7