Category: Foreclosure

What About the Tenants Living In Your Foreclosure Property?

What is Foreclosure? Foreclosure is often referred to as a situation in which a homeowner is unable to pay up the loan or mortgage. Foreclosure is a legal process which makes the homeowner lose all rights to the home or property. It is also known as a real estate owned (REO) property. If you are…



How To Sell a House in Foreclosure

For many people who find themselves in the ‘foreclosure’ situation, asking the right questions is crucial and one very important question to ask is, Can I sell my house in foreclosure? And if so, sellers in distress need to understand how to sell a house in foreclosure. As long as the bank hasn’t put up…



Foreclosure vs. Short Sale

There exists a lot of misunderstandings about foreclosures and short sales. Which should you use and why? Will your credit score be impacted just the same way by both of them? When you buy a house, you typically make a deposit and then set up a mortgage amortized over a number of years. The house…




Foreclosure Process In Virginia

If you have become delinquent with your mortgage payments and have received notice that your property may be foreclosed on, you may be wondering what the foreclosure process in Virginia entails. The process can vary slightly from location to location, so it is important to understand what the process is and what stage in the…