foreclosure Archives - Page 3 of 5

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…

Veteran Losing Home to VA Foreclosure, Though he Tried to Pay

Jason ‘Jay’ Sutton is a veteran who has suffered a lot of losses in his life, and is now facing one more loss; his home. Sutton’s first wife served in Iraq and developed leukemia, possibly from the burn pits there. She passed away a year later. Sutton’s later met his second wife, Kelly, who contracted…

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. …

When a Death in the Family Sets Foreclosure in Motion

I recently attended an out of town visitation and funeral service. The deceased was a wonderful woman who lived a long productive life, gracing the lives of the many who knew her. What I found moving was that after spending several days with her family, I was reminded of how deeply the death of a…

Foreclosure Fraud Still Happening

It has been 7 years since the record setting $25 billion agreement with the five largest mortgage servicers addressing foreclosure abuses, and yet, it was only this year, in a hearing at Brooklyn Borough Hall that residents and housing experts testified on deed theft, liens for minor unpaid bills, fraudulent documents and other foreclosure related…

Fighting Foreclosure With a Licensed Local Attorney

When you fight foreclosure, the battle is frustrating and difficult to win. It is especially difficult to fight foreclosure if the lender isn’t playing by the rules. Being in default on a mortgage is already a rough position to be in, but being wrongfully foreclosed means convincing the court that the lender is WRONG. Since…

The Consequences of Foreclosure You May Not Know About

Is your mortgage in default, but you are trying to fight foreclosure? It takes endurance, drive and focus. Sometimes homeowners wonder if it is worth the fight. Only you can decide whether keeping the home makes more sense than letting the lender take back the property to satisfy the debt, if that even really satisfies…