There are some ways, that I am learning, that you can go about stopping foreclosure and saving your home, according to some close friends and family that I have seen go through the process. My youngest brother, Andrew, for instance was able to go about successfully stopping foreclosure by applying for and getting approved for a loan modification. When I asked him how was... Read More
I have never had to go through the process of stopping foreclosure myself but from what I have seen on TV, read on the web and seen firsthand within a real estate office leads me to believe there are at least a small percentage of people who have too much pride to accept the fact a short sale or foreclosure is coming down the pipe. Foreclosure is a long process, depending... 
I had a chance to get some inside opinion about how long people involved in residential and commercial real estate will be asking, “How does a loan modification work?” from a person who has been successful in this field. At least a couple more years is the school of thought right now. Things are already starting to get better but it is a long road to recovery. Stopping... 
I have a really cool story for you all, because thanks to the help of loan modification companies, my father is now sitting pretty on a new loan that will allow for him to keep his house. My dad bought a newer house a few years ago using a stated income loan that had a low introductory teaser rate, but that later reset to nearly double the payment that it was initially.... 
As much as I hate to say it the economy is not looking to much hotter then it did a year ago. On the bright side, stocks are in better shape, business are looking forward and the general public opinion is leaning towards getting past this recession. Stopping foreclosure none the less is still a relevant topic. I read a recent article in the Washington Post titled Foreclose... 
