How Loan Modification Works to Stop Foreclosure?

Distressed lot for sale in briargrove....a rare find....cheap! Must sell and close before the harris county foreclosure auction!

12/9/2017

Here's a lot for sale in Briargrove. Its rare finding distressed tear-downs in such a desirable and sought after part of Houston, but it can be done with the right approach and right relationships.

Funny story about how I started working with this owner. His house was being sold at foreclosure auction in spring of 2016. I stopped by his house and managed to connect with his wife. He basically told me to get lost and never contact him again. A year later, he emailed me as if he had forgotten what he told me, and asked me if I could bring my builders by to look at his home and make an offer. I sent 2 builders over and got him 2 offers right away.

As it turned out, there were lots of liens. We couldn't close. Then we had to negotiate the liens. Finally, we did, and its for sale.

Contact me if you'd like to tour the property. Offer deadline is Sept. 30, 2017.

Must Work-on Tips to Sell your House Before Foreclosure in Houston

9/8/2017

If you would ask the mortgage holders what their biggest fear is, it would not be other than the foreclosure. Even if they are in the good financial condition and
there is no probability of missing a mortgage payment, still they worry about foreclosure. It is because the life exigencies can come any time and may disrupt your budget while leading to unexpected expenses.

Selling Home Before Foreclosure? Know the Tips to Get Success......

3/8/2017

If you have received the notice for foreclosure in Houston, you must be feeling like you have lost control over the situation but you would be happy to know that still, there are many options you can work on for stopping foreclosure. One of these options is selling your house.

Tips For Getting Your Offer Accepted at a Foreclosure Auction

26/7/2017

Buying a home is one of the major investments that a person makes in life and at the time he purchases a home, it is not in his mind that he may face financial issues in the future and can lose his house. Yes, it happens. When a homeowner fails to pay the mortgage installment for three or more months, then his lender can proceed with the foreclosure to recover as much of the due loan amount is possible.

Things you Need to Know About Getting a Mortgage After Foreclosure

21/7/2017

Foreclosure is considered as one of the worst deals of the real estate that homeowners are always afraid of facing. But as the circumstances can worsen anytime, it does not mean that the person should not think of getting home ownership again. Though it takes some time, it is not much difficult to get a mortgage again.

Must-know Facts About Buying a Short Sale Property

14/7/2017

A short sale is a process in the which the lender and the borrower (when he defaults on his mortgage) sign the agreement to sell the house before the foreclosure occurs. The short sale is a mean by which the lender obtains the remaining debt owed by the homeowner. The homeowner needs to get the approval from the lender to proceed with the short sale.

Strategies to Make a Purchase in the Housing Recession

6/7/2017

Housing recession is not a new concept; you must have heard that house prices fall by a particular percentage. It is not only the house prices that fall in the housing recession but as an impact of that, the stock prices fall, interest rates increase, the rate of unemployment goes higher and much more. On the positive side, the housing recession provides the investors and the house buyers an opportunity for making a purchase.

4 Effective Tips to Choose the Right Foreclosure Attorney

28/6/2017

If you have missed three or more of your mortgage payments, you are surely going to receive the notice for foreclosure. Even chances are there that you would have received it as most of the lenders issue the notice after you miss the three payments. At that time, it may be hard for you to accept the reality and make the right decision. You are most likely to get panicked for managing your finances and making efforts to stop foreclosure.

Planning to Buy a Foreclosed Property? Know the Types First....

24/6/2017

When it comes to buying a foreclosed property in Houston, generally the buyers get confused that whether it is a good idea or not. Well, there is no particular answer to this question. Where it is a great idea for some buyers to buy a foreclosure, at the same time it can be worst for the others. It depends on why and how you are purchasing the property that if it would be a good decision or not.

How Loan Modification Works to Stop Foreclosure?

16/6/2017

If you will look at the housing market of Houston, what you will notice is the majority of the homes are foreclosed and many others are still fighting it. And the reason behind this can be any; it can be the financial issue, a loss of the job, unexpected expenditures or any other reason that can let the homeowners miss the mortgage payments and then face foreclosure.