Foreclosure Help

If you are like other homeowners, then we know how much a home means to you. Once we sense any threat to your ownership, we are sure that you will try everything in your power to keep your home. This threat is very real when you fall behind on your mortgage payments. Foreclosure looms in […]

Are you a first-time homebuyer? Do you feel investing in foreclosures houses in Calgary can be a profitable option? Well, then you should be all ears and understand what is happening in the Foreclosures market in Canada. Buying foreclosures in Calgary is not a rarity; however, it may also not be all that easy to

Buying a foreclosed home can be a tricky affair. Foreclosure in Canada, Nova Scotia, and British Columbia might not be that common, but it is a well-known fact that homes are quite expensive over here. Many homeowners fail to make their mortgage payments, and as a result, there is an array of foreclosure to go. 

Have you availed mortgage loans to acquire your dream home? Then you must read this article. A majority of the homeowners who avail mortgages are not fully aware of all the deed clauses. It is quite easy to fall prey to the foreclosure proceedings if you have not read your mortgage deed or document thoroughly.

Under exceptional circumstances, a property can be foreclosed by second mortgage holders. You might be wondering if you’ve had a second mortgage foreclosure now what you will do. Read on to know more about consolidating your debt with your mortgage lender.  First and Second Mortgage Foreclosures A lender initiates a legal proceeding called foreclosure when

If you are close to foreclosure, you must educate yourself about what you could do about pre foreclosure. Read below for some of the best options to stop foreclosure. Call up your lender Foreclosure proceedings are a costly and time-consuming process. In most cases, the lender would rather be happy working out a solution then repossess

Foreclosure is the legal action pursued by lenders for recovering the balance amount owed to them by the borrower. They take ownership of the foreclosed property and sell it to recover the amount or cut down their losses.  Facing foreclosure is a very emotionally draining experience for homeowners. Irrespective of the type of foreclosure –

It is totally on you to take the steps that are necessary to save your home from foreclosure. Staying away from huge mortgages, taking less debt, and buying an affordable home are ways to reduce the risk of facing foreclosure. It is essential to work out your finances before you purchase a home. It is

Owning a home is a dream for many. If you are lucky enough to have a home, you don’t want to lose it. Unfortunately, this may happen if you delay or stop your mortgage payment. Losing a home is never easy and has both financial as well as psychological implications. However, even worse is the

After one has gone through the dreaded and nasty foreclosure experience, the thought of when can I buy a house after foreclosure may seem inappropriate. The good news is that even though your credit cards score has taken a huge hit, you are still eligible for home loans to buy a home as time passes. Your financial circumstances and your lender

People are emotionally bound to their homes. However, if you have taken a mortgage for the house, you have to be regular with the payments. What to do when you are in financial trouble? The foreclosure process can become a tough reality if you miss out on the payments. As a homeowner, you must fight

Buying a foreclosed home in today’s depressed economy is an excellent idea. You can either renovate the home and live in it or sell it for a big profit. Either way, it is a great deal. But one of the problems that people face while trying to seize this opportunity is cash. Most people do

Your home is probably more than a mere shelter for you and your loved ones. The emotional cost of such an asset is much more than its financial cost. However, when there is financial hardship, paying the mortgage on time is very tough. There are many reasons people cannot pay the mortgage on time and

Mortgages are, no doubt, the most common and sought-after way of owning the home of your dreams. However, you would also want to know more about the legal side of it before you avail of home mortgages.  Will the legal process of foreclosure be initiated if I default a monthly payment? How much time do

Are you facing foreclosure on your property? A foreclosure happens when you cannot keep up with mortgage payments, and the lender takes over the ownership of your home or real estate. Why you are unable to meet the terms of the lender could be due to multiple reasons. However, the reasons are not very important,

The rules governing the judicial foreclosure Alberta may appear to be quite complicated to a common man. Yet, if you are a homeowner facing foreclosure, it is imperative to familiarize yourself with the foreclosure process to understand your options. So let us start from the beginning: What is foreclosure? Foreclosure is how the lenders try

Dealing with an imminent foreclosure can be a challenging and stressful situation. Thus, it is a good idea to hire the services of foreclosure attorneys. Apart from lending a helping hand, they can also offer you valuable information abouthow can a lawyer stop a foreclosure.  Although coming up with the attorney’s fees when you are

FORECLOSURE ON HOUSE; WHAT HAPPENS Many people wonder why they were careless enough to allow their homes to get into foreclosure despite having done the necessary things and ensuring that they escape the foreclosure process. Other times, this development is because they were just so careless that they never thought things could go that bad.

Are you facing foreclosure? We can help! What to do when facing foreclosure or how to stop pre foreclosure from a mortgage company? Several home buyers often feel that it is the end of the road when they are handed over a foreclosure notice. However, this is not true! Relax as you still have a

When someone buys a property, it is obvious that they buy it with a lot of hopes and dreams etched in their minds. Hence, when they get into rough tides, and the inevitable happens, their property gets seized by your lenders. But, there is definitely a buffer period before it is time to sell their

Many people ask us: “Can you stop foreclosure in Calgary?” The answer is definitely, “Yes.” Let’s get into some details to understand the nature of foreclosure better and review your options. Foreclosure process The foreclosure process could easily be the most complicated yet, the simplest thing you can get involved in, especially if you live