At the Legal Assistance Foundation of Metropolitan Chicago, the phone calls come nearly every day from yet another financially desperate homeowner who's become the victim of a "foreclosure rescue" scam. Read More

Facing foreclosure in California? Here’s the California foreclosure process. We’ve added the California process because of the enormous numbers of foreclosures Californians are facing right now – some of the highest numbers in the country. Read More

If you are slipping behind in your payments, here are a few steps you can choose to take to ward off the wolves at the door.
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The Bush administration's announcement Tuesday that it would put the foreclosure process on hold for 30 days to rescue struggling homeowners came several weeks too late for Mike Salgado. And he's not even a homeowner.
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If you are contemplating the possibility or prospect of filing for bankruptcy, you likely have in mind a number of myths about the process and procedure of bankruptcy. (You may also have some basic facts about bankruptcy, but desire more before you make a final decision as to whether or not you want to proceed with such an action.) Through this article, the basic facts and some common myths about bankruptcy are discussed. Read More

It's a good bet if you're reading this article you might be in financial trouble and contemplating filing for a personal bankruptcy. Hopefully this article will help you understand exactly what bankruptcy "protection" entails and viable alternatives to the process. Read More

New bankruptcy laws require bankruptcy filers to seek credit counseling. But many consumer advocates say: BEWARE! While some consumer credit counselors provide a legitimate service, many are scammers, charging high fees for services you could provide for yourself. Read More

"Subject To" financing actually can be a win-win situation for both the seller and the buyer/investor if both parties understand their obligations to one another. The seller usually gets to sell his/her property at the asking price which was originally sought, and the buyer/investor usually gets the property with very little money down, if any, while not having to qualify for any bank loans. Read More

Extenuating circumstances delegate whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market climate and the individual borrower's financial situation. Read More

There is nothing worse than putting house up for sale and watching it sit on the market. Here are a few tips to sell your house fast. Read More

Home staging is the concept of preparing a house for sale. This can involve everything from removing clutter, re-arranging furniture and in some cases re-decoration, ensuring that the house creates a great first impression and helps buyer's to feel that they could really live there. Read More

A home can be a person's best asset. One's equity in his home is not to be overlooked since it will help in meeting major need snow and in the future. So there's no reason for a person to entrust this asset to just any agent. You should always seek the very best service from your real estate agent. Read More

Two years ago, William Stout lost his home in Allentown, Pa., to foreclosure when he could no longer make the payments on his $106,000 mortgage. Wells Fargo offered the two-bedroom house for sale on the courthouse steps. No bidders came forward. So Wells Fargo bought it for $1, county records show. But on July 9, they received a bill from the Internal Revenue Service for $34,603 in back taxes.
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