Archive for January, 2009
Foreclosures Resulting In Further Asset Freezes
Posted on 27. Jan, 2009 by admin.
As if a foreclosure on your home wasn’t bad enough, sometimes in particularly bad situations - you can be at risk of losing more than your home. Depending on the terms and conditions of your mortgage policy, the bank is able to confiscate and sell other assets, such as automobiles, jewellery, antiques, etc. Of course, [...]
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Getting A Second Chance After A Foreclosure
Posted on 17. Jan, 2009 by admin.
Just like most other things in life, the ability to get a mortgage on a particular property depends very much on your history and track record of financial inflows. If you tend to have a very low amount of income flowing in to your account, bank managers and mortgage analysts tend to take a less [...]
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The Modern Day Foreclosure Process
Posted on 01. Jan, 2009 by admin.
As we head out of a period which will go down in history as having one of the highest house foreclosure rates ever, discuss and debate will no doubt rage over whether the banks and financial institutions responsible for administering mortgages acted in the best interests of homeowners and investors. Indeed, there is certainly a [...]