The Foreclosure Compendium

Foreclosure is one of the devastating events of one’s life. In order to avoid foreclosure, there are steps you can take and protect your property.
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Bad people do bad things, we’re not going to change that. However, it’s a heck of a lot harder for bad people to do those bad things when everyone else is actively participating in making things better. If we are to solve our current housing problem we must stop focusing on preventing bad things from […]

We have all heard how the mortgage lenders have dealt the American homeowner a bad hand, and how the people, thanks to the U.S. government, has dealt the banks an even better “return” with the various stimulus plans and the so-called “Troubled Asset Relief Program(s).
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Being the tenth-largest city of the US State of Michigan, Dearborn has always been the epicenter of attraction. The booming real estate market and a wide range of foreclosed properties further plays a significant role in grabbing the attention of the potential buyers. With the recent economic downturn, the Dearborn foreclosed homes have enhanced to […]

We know how foreclosure works. You get a mortgage loan to purchase a house, and then you will be required to make monthly payments. If you default and fail to make amends, the lender can and will foreclose your home. Although this is the similar scenario for most foreclosures, there are certain differences that separate […]

A partial short term solution is to turn Fannie and Freddie into the nation’s newest and biggest landlord. These balance sheet liabilities are real assets, and they must be used accordingly. If you are not in financial stress and in no danger of foreclosure, should you be concerned?
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The real estate market has been forever changed by the foreclosure crisis and bank repossessed homes are now a hot commodity. Unless you have been living under a rock, you will have read about or heard about the fact that the sale of bank repossessed homes has been on the rise even as the economy […]

Each and every one of us need to know what to do when it all comes crashing down and we lose our homes. Perhaps this article can awaken the simple things that need to be done. This is the simplest thing you can do, and you have heard it 1,000 times before, perhaps you need […]

Sometimes when you are trying to stop a foreclosure, you need somebody who knows the ropes enough to not only point you in the right direction, but also lead you there. You know it already, there are ways about the law that only an attorney could decipher. If you try to do that on your […]

Investors who were once treated as untouchables and held partly responsible for the crisis are today much sought after. It is because of them that the situation has not worsened. They can pick up bargains in the devastated market. Speculators have recently stepped up activities because of heavy discounts.
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