foreclosure process
foreclosure process
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1.
by Tom Turner - 2007-04-19
Often times someone is unable to pay their mortgage payments due to a various number of reasons. This may be preceded by the lender foreclosing on the property. This article will look at the said fore...
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2.
by CD Felder - 2007-07-10
Financial difficulties are a common problem. People find themselves in situations that are beyond their control that affect their lives and financial stability. Divorce, bankruptcy, job loss, illness,...
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3.
by CD Felder - 2007-07-10
If you're not a football fan, Dear Reader, forgive the following analogy. I have just recently gotten into football, because I find the process of winning games (and how each team implements the neces...
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4.
by Shortsaleexpert - 2007-10-03
There are three basic types of appraisals: sales comparison, cost, and income capitalization. * Sales Comparison: the sales comparison method estimates a property's value by comparing it to...
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5.
by David Dinkel - 2007-10-19
Three common solutions for foreclosure are loan reinstatement, a forbearance agreement, or a loan modification. While there are numerous other specific ways to stop foreclosures, these three are...
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6.
by KATHY SWIFT - 2008-06-13
Illinois uses only the judicial system. The foreclosure process takes about 1 year. A judgment can not be made before 90 days, due to the reinstatement period. Because, of the redemption period...
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7.
by KATHY SWIFT - 2008-06-13
In the state of Hawaii, both judicial and non-judicial foreclosure proceedings are recognized. Non-judicial foreclosure proceedings must be in agreement with a clause found in the mortgage. It m...
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8.
by Kathy Swift - 2008-06-30
Both judicial and non-judicial processes are followed in North Carolina. Judicial foreclosure means that the court system must be employed to begin the foreclosure process. The bank must file a l...
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9.
by Kathy Swift - 2008-06-30
New Mexico only uses judicial or in court foreclosure. The only exception to this rule is larger commercial and business properties. If these properties are valued at more than half a million dol...
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10.
by Kathy Swift - 2008-06-30
Both judicial and non-judicial foreclosures are used in Wyoming. The determining factor, as to which method the lender uses to try and sell the home, is whether or not a power of sale clause is writt...
