Financial Counseling Improves the Distressed Mortgage Loan Portfolios

Outreach Financial Services’ holistic credit counseling approach engages certified credit counselors who work on behalf of borrowers to reduce not just delinquent mortgage payments, but all monthly consumer debt payment obligations. About Outreach Financial Services, LLC is a specialty and component sub-service that focuses on helping mortgage investors and servicers maximize the loan performance of delinquent and defaulting mortgage loans. …

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foreclosure

The Highest Foreclosure Rates in the U S

High foreclosure rates are not necessarily a bad statistic especially if your in the market to buy a house. All economic bubbles burst and eventually rebound. In real estate location and timing are everything. If you are in the market to buy a house or business property read on to discover how foreclosure rates can influence your decision to buy …

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Saving to put down payment for a mortgage to buy a house

Differentiating Between Inexpensive and Undervalued Properties

With real estate being such a popular investment opportunity, people are looking at foreclosed and pre-foreclosed houses. Depending on the situation, this can be a beneficial transaction for both parties. But there is a risk involved. It can be hard to tell the difference between an inexpensive and an undervalued property. It’s important to do research on the property because …

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Foreclosure Feeling Dealing with Real Estate Depression

Potential foreclosure can be a devastating low point in a person’s life. Unsurprisingly, a person facing a foreclosure may begin to experience signs of depression, which is a harsh and sometimes deadly illness. This article outlines several ways to combat depression related to home foreclosure, including stress relief tactics and advice on where to save money and where to cut …

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Foreclosure Prevention

There are several ways that a person can avoid foreclosure proceedings on their home. While owning a home is a rewarding experience, for some, it can be a financial burden. One of the most important things to remember is to have a financial buffer. Follow this and other tips will keep you secure in your home without risk of foreclosure. …

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How Much Mortgage Can You Really Afford?

Buying a home is probably the biggest purchase you’ll ever make. When pursuing a purchase this large, it’s important to know what kind of mortgage you can afford. Overestimating what you can afford to pay will leave you with a house, but without money to spend on things besides your mortgage. Experts advise spending no more than 28% of household …

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