Author: jacydiyr

Home sales usually fall into one of three main categories: traditional sales, short sales, and foreclosures. For buyers, each has pros and cons, though generally speaking the cheaper properties are short sales and foreclosures. But if you’re a buyer, you need to keep in mind that these properties are usually cheaper for a good reason. … Continued

Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued

Stopping the foreclosure process of your Oklahoma home can be difficult, but not impossible. Dealing with the banks, negotiating terms, and stressing over your mortgage can feel completely unbearable, but luckily you have lots of options available to you. Foreclosure is more common than you might think and can affect millions of Americans every year. … Continued

When homeowners file for bankruptcy, their home becomes part of the bankruptcy estate—essentially all assets they own. In October 2022, chapter 13 bankruptcy filings surged by twenty-seven percent compared to the previous year. Overall bankruptcies increased by seven percent across all chapters, directly mirroring the seven percent rise in inflation. Many homeowners find themselves drowning … Continued

If you’re concerned about your property going into foreclosure due to circumstances beyond your control, the optimum scenario would be to work with your lender for a resolution before things go any further. However, going through the foreclosure process can be made easier when homeowners understand what lies ahead, so read on as we explore … Continued

Foreclosure and preforeclosure are two terms that are commonly used in the real estate industry. While these terms may sound similar, they have very different meanings and implications for both homeowners and potential buyers. What is Foreclosure? Foreclosure is a legal process that occurs when a homeowner is unable to make their mortgage payments. When … Continued