Foreclosure and preforeclosure are two terms that are commonly used in the real estate industry and usually occur when a homeowner unexpectedly finds themself in financial distress and missi… Read More

In Ontario, when homeowners default on their mortgage payments, lenders often use the ‘Power of Sale’ process to recover their owed amounts. Unlike foreclosures found in other ju… Read More

Bankruptcy is a challenging and often overwhelming situation that individuals and businesses may find themselves facing. When debts become unmanageable and financial stability is in jeopardy… Read More

Right to Encumber a Jointly Owned Property in California In a partition action, co-owners have already demonstrated that they disagree on what to do with a property. Tensions may rise when o… Read More

What Is Deed In Lieu Of Foreclosure? A deed in lieu of foreclosure is a legal agreement between a borrower and a lender that allows the borrower to transfer the ownership of their proper… Read More

Stay order against SARFAESI Act Understanding the Stay Order Against SARFAESI Act A stay order is a legal measure that halts or prohibits an action until a court or tribunal reviews an… Read More

What is a short sale? A short sale means that the property is being offered for less than the current owner’s mortgage payment. A short sale is often a key sign that a homeowner is hav… Read More

If you’ve received a Notice of Sale from your lender, or are concerned that you might – don’t be stressed. Instead, let’s discuss Power of Sale in Ontario and review… Read More

Foreclosure is a process that lets a lender repossess and sell a borrower’s home when they default on their mortgage payments. It is typically the last resort for lenders who want to r… Read More

6 Little-Known Ways To Stop Foreclosure In Its Tracks Life happens. And everyone goes through a time in life when there’s a hardship that might cause financial obstacles. Whether… Read More

If this is your first time going through a foreclosure, there are several stages you may skip that might have a significant influence on your case. Because of this, it’s crucial to ret… Read More

With constant asking for help and assistance from people who need more knowledge and information about the ideal homeownership and homebuying, it is genuinely a complex idea. More than that… Read More

With so many Americans suddenly unemployed due to COVID-19, a huge number of homeowners are unable to make their mortgage payments, forcing people to go into foreclosure.    Govern… Read More

Persistent high home prices and soaring mortgage rates have led to a crisis in home affordability: many people simply cannot afford to buy a home at these prices. If you know how to buy a fo… Read More

Insolvencies and foreclosures are difficult processes. Having legal representation or advice is essential for a successful defense against one. In the event that legal representation is desi… Read More

The ongoing economic turmoil caused by the novel Coronavirus pandemic in India has resulted in increased home loan EMI payments failure, forcing banks to resort to other recovery processes… Read More

The 21st century gave birth to global agrarian economy. For many people, the term agriculture means only working on the field and growing crops. This is a limited meaning of the term agricul… Read More

The Supreme Court of the State of Florida overruled the decision of a trial court which was affirmed by the Third District Court of Appeals in a case involving a reverse mortgage loan which… Read More

Second mortgages are loans taken out on properties that already have one mortgage. Additionally, an individual having a second mortgage also has to keep making payments on their primary mort… Read More

Meaning of foreclosure When you borrow money from a lender, there are certain terms and conditions attached to such a loan. One of the terms of the loan would be the duration within w… Read More

Buying a house can be one of the most exciting times of your life, but it’s important to ask yourself a few questions and explore how to balance your wants and needs with your budget b… Read More

(Image courtesy Jeff Turner via CC BY 2.0) A house can never be a home unless you can cover the mortgage payments. If you’re in the market, now might be the best time to buy a home. Ho… Read More