How long is the foreclosure process if I have already modified my mortgage once?

Kitty asked: I modified my mortgage a few months ago and still struggling. I owe $315 and it’s worth about $200. So, after thinking about it I am considering just letting it go into foreclosure. Since I have already been thru this process with them and re-negotiated my mortgage, is the foreclosure process quicker? Will [...]


How does a home foreclosure process work?

Icecream asked: If someone with an A paper loan goes into foreclosure because their home is worth less than half the value of the mortgage therefore bank does not approve short sale, and they lost their job, how does the process work? This would be for CA. And how long does it stay on the [...]


How long does the foreclosure process take?

curious asked: How much time to you have to leave the house, once in foreclosure or default?


When does the clock start to count down in a foreclosure?

Josue G asked: I am aware that a foreclosure will stay on ones credit report for 7 years but when does that time begin to pass? Is it from the time you first start the foreclosure process or once the property is sold at auction and account written off?


How my boyfriend foreclosure can affect me?

batinara asked: He is going through a foreclosure process. If we get married in a few months, how can this affect me? I am already affected emotionally and have a lot of doubts in my head.


Who is responsible for the mortgage payments during the foreclosure transfer process?

KG asked: It usually takes approximately 90-100 days to effectuate an uncontested foreclosure. During that time, who is responsible for the payments, if anyone?


What is the process in buying a foreclosure, or distressed property in California?

Om… asked: Also can you help me understand what a tax lien property is and it’s buying process and foreclosure’s buying process, which is better?Content


How much of a difference is there between foreclosure and Voluntary Surrender?

AudreyRose asked: My life has changed dramatically since I bought a double-wide 8 years ago in Virginia, and it will be foreclosed soon. I’ve tried selling, but I owe more than it’s worth in this economy. The mortgage company is sending out a “voluntary surrender” form they have asked me to sign, saying it will [...]


How long does the foreclosure process take from start to finish?

Essy asked: My landlord just told me she is foreclosed on the house I am renting. I’m paid through this month but she said I can stay until probably March. I want to be prepared for anything since I am unfamiliar with the foreclosure process. When should I start prepping to leave? She declared foreclosure [...]


Investing in Foreclosures for Beginners

Lex Levinrad asked: Investing in Foreclosures For Beginnersby Lex Levinrad Copyright © 2008If you are thinking about investing in foreclosures there are some key points for you to consider before you begin investing.The first step for you to understand is how the foreclosure process works. The foreclosure process can be broken down into three key [...]