foreclosure alternative Archives

Forbearance to Foreclosure Conversion Danger

The danger of #mortgage #forbearances turning into #foreclosures is rising as #COVID-19 infections surge in the U.S. according to #Federal Reserve Bank of Atlanta and Federal Reserve Chairman Jerome Powell. Looking for help, visit https://www.wrongfullyforeclosed.com/

Foreclosure Forecasting…

Per ATTOM Data Solutions recent report by region, the mid-level forecast shows #foreclosure filings will increase about 80% in the South, rocketing more than three-fold in the West, and by more than double in the Northeast and Midwest. Get help now, visit https://www.wrongfullyforeclosed.com/

FHA Now has Highest Delinquency

Federal Housing Administration mortgages — the affordable path to homeownership — now have the highest #delinquency rate in 4 decades. The share of late #FHA loans rose to 16% in the second quarter. #Conventional loans delinquent were 6.7%. need help https://www.wrongfullyforeclosed.com/

Is Your Mortgage Protected From Foreclosure?

The #CARES Act put a moratorium on #foreclosing on federally-backed #mortgages, It doesn’t touch anything else. It doesn’t affect property owners associations; it doesn’t affect taxes. In short, #foreclosures for HOA fees and taxes can continue. https://www.wrongfullyforeclosed.com/

Tips to Avoid Foreclosure

WrongfullyForeclosed.com wants to remind you avoiding foreclosure is the most cost effective way to save your home. 1.Make (or answer) the call for help. Before giving up on saving your home, contact your mortgage servicer as soon as you know you can’t make your monthly payment. The phone number is on your monthly mortgage statements. …

Did You Know Foreclosure Can Affect Taxes?

Did you know that foreclosure can affect your tax filing? When you are in the middle of fighting against a mortgage company foreclosing on your home, the last thing you might think about is how it could affect your taxes. A home mortgage is still a debt, and if you have not filed for bankruptcy…

My Foreclosure is not Your Opportunity!

“My Foreclosure is not just your next investment property opportunity.” If Joan (not her real name) could have put any message out there, that would have been the message. When the legal notices started arriving in her mailbox, so did the people coming by to ask if they could tour her house. But this is…

5 Choices If You Can’t Make Your Mortgage Payment

Going into a Foreclosure can be a demoralizing situation. Saving your home from foreclosure can be exhausting, expensive and incredibly stressful. If you lose the battle, you may not be able to buy a new home for several years, and even renting an apartment or home will require letters of explanation and proof of affordability. …

Weird Bankruptcy Secrets Attorneys Use to Protect Your Home

Married? You don’t have to file bankruptcy together. If you are trying to protect your home by filing chapter 7 bankruptcy, and you are both on the mortgage, you may want to file separately from your spouse. There is an automatic stay – all creditor action against you paused – which lasts for a set…