Foreclosure notice of default in Georgia– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a Pre-Foreclosure in ?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in anyway? Many homeowners across America and are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a … Continued

How to Avoid Foreclosure in

While the housing market is rebounding, many people in ] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

Short Sale vs Foreclosure – What’s the Difference in ?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In , Georgia? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

How to Stay in My Home After Foreclosure in

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in Georgia

Understanding the foreclosure process in Georgia is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Georgia What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in ?

Do you have a Georgia house that’s in foreclosure right now? Many people going through the Georgia foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can sell … Continued

3 Staggering Costs of Owning the Wrong House in

While there may be nothing wrong with your property, the traditional listing process is long, complicated and can be extremely stressful during the best of times. However, selling your house on the market is not always the best method, especially when you’re under the pressures of time, finances or personal circumstances that do not conform … Continued