Foreclosures can be applied when a borrower has defaulted to pay his dues. The process followed in foreclosures is that when the person who has borrowed and fails to pay his dues, the owner or the person to him he owes money can force this on the borrower. Foreclosures are of two important types – under judicial law and by power of sale. When this happens under Judicial Law, the foreclosures always happen in the presence of the court, whereas in the foreclosures conducted by Power of Sale that is not the case. However in both the cases, the property is sold and the proceeds of this sale are first used in settling the dues of the mortgage holder. The second preferences goes to any other party with outstanding and after all dues are settled, and if there is anything left over in the deal, that is what will reach the mortgager. So, except the involvement of the court the other process remain the same in both forms.Displaying 1-10 of 20 result(s).Go to page: << First< Previous12Next >Last >>Building ConfidencePosted by Adam Trumbo. Published on Sep 29, 2009 Builder confidence rose to a score of 19, the highest number in more than a year, this according to yesterday’s NAHB/Wells Fargo Housing Market Index press release. August’s report had been 18, and it should be noted that a "good" rating remains far off in the distance at 50 or more. Grow Rich With Foreclosed PropertiesPosted by Doug Slates. Published on Sep 09, 2009 Making money in real estate is always going to be an option, as the current real estate market remains depressed then big opportunities will present themselves every single day. Learn how you can prosper in this economy with foreclosed property. Stall Your Foreclosure – How Is It DonePosted by Flynna Sarah Molina. Published on Sep 02, 2009 Stalling foreclosure up to two years through the method of appeals and bankruptcy is possible. This is due to the fact that anybody experience foreclosure must not easily give it back to the bank without observing their full rights as owners of the house. As an owner, it is your duty to get to know your rights and make sure that you exercise them when it you need to do so. Mortgage Loan Modification – Better Results In Less TimePosted by Hector Milla. Published on Aug 20, 2009 The loan modification process can really take some time, especially when it comes to waiting to see if you are going to get to keep your home or not. That is why it is important to get your hardship letter and other paper work done a quickly as possible along with finding the correct company to work with, when it comes to getting the loan modification done. Why Do I Need A List Of Reo Companies?Posted by Jeffrey Jettison. Published on Jul 03, 2009 Unfortunately we are in the middle of our worst foreclosure period ever. We know why this has happened, and we know the wide range of effect’s these foreclosure’s have had. Although this period is looked at as a dark time in American history, especially economically speaking,there are still opportunities for those that have there real estate License. And for Appraiser as well. Here is why we need a list of REO companies in order to take advantage of the foreclosure crisis. Fight Foreclosure With A Defense LawyerPosted by Bella Holly. Published on Jun 11, 2009 A New York foreclosure defense lawyer can help enable you the means to stay in your home. With the economy in shambles, many people are losing their source of income and most importantly their homes. Unfortunately, it isn’t always possible to meet an understanding with your mortgage lender, and if you choose to let the foreclosure happen, that mark will be on your credit record for ever. Foreclosure – Help Saving My HomePosted by Wesley E Anderson. Published on May 16, 2009 There are plenty of myths regarding the banks intentions when talking about foreclosure. One myth in particular is the fact that the bank wants your house. The bank wants your money, not your house. They want the money they lent you with interest. Avoiding the bank will only draw a foreclosed conclusion. Government Foreclosure Program Bottleneck Can Only Be Relieved With Help Of Legitimate Third PartiesPosted by Dale Merritt. Published on Apr 17, 2009 The government is bailing out about everyone these days, but not only do these funds have future consequences, but they are in some cases, one of those situations that you may better off to refuse, and get another perspective before you arbitrarily accept it. Remember that everything is political first, and your personal welfare comes second. This is especially true when it comes to the governments program for stopping foreclosure. The government is trying to build in equity into the real estate market at your expense. Mortgage Bankruptcy Bill 2009 – Does Obama’s Bankruptcy Bill Provide Foreclosure Relief To HomeownerPosted by Sani Orman. Published on Apr 17, 2009 Obama’s government has come up with a mortgage bankruptcy bill 2009 to help the homeowners to avoid foreclosure. They are on the peak of filing bankruptcy as they are facing financial hardships and are not able to pay their monthly payments on time. This bill has been specially designed for the people who want to save their homes. This package provides homeowners relief and allows them to modify loan according to their convenience. Mortgage bankruptcy has now been opted by US government to help the people to pay their loan on time with new terms, low interest rates and lower principal owed by the bankrupt borrowers. Those Involved With Foreclosure Sales Enjoy Great ProfitsPosted by Shane Pollock. Published on Apr 17, 2009 At a time when many people are struggling to get by and the troubles of the real estate market are making headlines, there is one group of people that is still doing quite well – real estate agents who specialize in Real Estate Owned (REO) sales. In fact, the recently held Reomac conference, which provides networking and educational opportunities for those specializing in REO sales, saw almost 3,000 attendees this year. Go to page: << First< Previous12Next >Last >> Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.Copyright © 2007 – 2010 by, All Rights Reserved.