What exactly do you do when you have bad credit, no home equity and no savings? Here's some concrete advice about how to get back on your financial feet. (more…)

A foreclosure on a home is simply a legal process in which your home can be repossessed by a lender. However, what most homeowners do not know about foreclosures is that the repossession of your home cannot happen unless it is proven or you have shown that you cannot pay off your loan. (more…)

The following are some statistics about the housing market and the government's efforts to address the foreclosure crisis. Despite the state's programs, the foreclosure rate has kept up its dramatic increase. (more…)

The foreclosure process can affect your tax return. It is important to know that if you receive a Form 1099-C (or sometimes 1099-A), there is no a deficiency judgment (you cannot have both). It is good news. The debt canceled is considered an income (it is a phantom income you never see) and you have to pay taxes on it. However, there are exceptions. (more…)

If you would like to get more educated about what's available on the foreclosure market then you can get a good start at one of the many foreclosure websites that have sprouted up to meet the increased interest and demand. If you are in the market for a new home or income property then there has not been a better time than now with the huge inventory of homes. (more…)

Everyone knows that the millions of foreclosures have created a huge opportunity for real estate investors, but how do you get the good deals to come to your door? Here are the cheapest ways to get the best short sale deals to come to you, as well as a few methods you should avoid. (more…)

The government's programs to help stop the foreclosure crisis were probably started with the best of intention. Optimistic hopes, however, can not cover for economic ignorance and an unwillingness to face the facts of the housing market. (more…)

The South Bay Area of Central Ca has been hit very hard by the real estate crash. More so than most of the country. In particular, Hollister Ca homes for sale have plummeted to less than half of their recent peak values, and foreclosures are everywhere. (more…)

When it comes to stopping foreclosure you need to be warned because state laws regarding foreclosure differ, and you will do well to be conversant with the terms that the state offers in which you are. That will help to decide what actual actions you take to stop the foreclosure. (more…)

Nowadays, you no longer need to go through the tedious process of finding short sale properties since there are a lot of them out there. Financial institutions such as banks are pretty much in favor of handling more problematic property sales. But the downside of this fact is that these homes are not that easy to acquire compared to buying a regular one. (more…)