November 23, 2017

Help Homeowners Facing Foreclosure: Part Three of Three

In my first post of this series we covered how foreclosure works, step by step, and defined some basic real estate terms related to distressed sales. In the second post, we answered questions on preventing foreclosure, negotiating with a mortgage company, and what to do about an adjustable rate mortgage that will soon reset. This post addresses questions on short sales and sifting through … [Read more...]

Help Homeowners Facing Foreclosure: Part Two of Three

In my first post of this series we covered the foreclosure process and defined some basic real estate terms related to distressed sales. In this article I'll cover questions and answers on preventing foreclosure, negotiating with a mortgage company, and what to do about an adjustable rate mortgage that will soon reset. Q: Can I legally prevent a foreclosure? First, there is very rarely any … [Read more...]

Help Homeowners Facing Foreclosure: Part One of Three

Foreclosures and short sales face thousands of Carolinians. I wrote this three-part series to give readers facing Carolina foreclosures and short sales straightforward information that is grounded in North Carolina law and the federal Bankruptcy Code. Sadly, four years into the financial meltdown, I continue to get a steady stream of calls asking for help preventing home foreclosures, forced … [Read more...]