How Low Will My Credit Drop After a Short Sale or Foreclosure?
With credit scores, one can easily predict the possibility of you making payments on time, paying off loans, and helping a lender determine whether you are a risk. Credit scores are determined by an individual’s lending history and ability to repay and manage debts based on the agreement. Factors like letting your mortgage payment slide, […]
Foreclosure Rescue Scams Are Out There – BEWARE!
Foreclosure Rescue Scams Are Out There – BEWARE! Washington, as well as other areas, have a growing problem of foreclosure rescue and mortgage modification scams that could cost you thousands of dollars OR your home should you fall victim. Scammers will usually make promises they can’t keep such as ensuring GUARANTEES of certain outcomes for […]
With the New Year Comes New Federal Laws Protecting Home Owners
With the New Year Comes New Federal Laws Protecting Home Owners Just after 2014 barely arrived, with it a number of new federal rules in the mortgage and foreclosure context did too. The Dodd-Frank Wall Street Reform and Consumer Protection Act are responsible for the changes taking effect. The Dodd-Frank Act provided authority to the […]
Bankruptcy Filings are Dropping Across the Nation
Bankruptcy Filings are Dropping Across the Nation Bankruptcies, both of personal and business nature, continued to steadily drop throughout 2013 across the nation. This is both shocking and interesting as bankruptcies were actually predicted to rise by at least 8% in 2013. Business bankruptcies in particular, actually dropped 24%. This is the lowest they’ve been […]
