The foreclosure process varies state by state and it’s imperative that you as a homeowner understand the process in your state. One thing is for sure, time is NOT on your side. As an educated homeowner you should be as informed as possible in order to make a “good” decision based on facts. Learn everything you can because this will affect you for years and it is something that should not be done in ignorance.
The first thing you will need to understand is the foreclosure timeline.
March 30th, 2010 at 10:30 pm
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April 2nd, 2010 at 3:20 am
Found your blog on yahoo. It’s so true what you said about foreclosure. We’re definitely going through interesting times with real estate right now.
April 7th, 2010 at 9:48 pm
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September 9th, 2010 at 4:23 am
A house is just a place to keep your stuff while you go out and get more stuff.
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September 22nd, 2010 at 7:20 pm
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October 19th, 2010 at 7:48 am
The leader of the Federal Reserve Bank of New York addressed the ongoing saga of mortgage foreclosures, saying “the Federal Reserve actively encourages efforts to find viable alternatives to foreclosure, like loan modifications, or deeds in lieu.” But he added, “we also support due process and access to legal counsel for homeowners facing foreclosure, for instance through legal aid programs.”The central banker offered a positive note on the darkest side of the housing market debacle, saying “our data indicate that, in recent quarters, borrowers are becoming less likely to fall behind on their mortgages, so fewer households are now entering the foreclosure process.”
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October 22nd, 2010 at 8:02 pm
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