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1st Foreclosure Prevention Blog


Archive for July, 2009

July 31st, 2009

Connecticut Foreclosure

If you live in the state of Connecticut and face foreclosure, you need to know the basics of the foreclosure laws of your state. In Connecticut, there is only judicial foreclosure. Connecticut is far stricter then other states in their foreclosure procedures. There are two different types of foreclosure processes available to [...]

posted by admin at 6:22 am
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July 30th, 2009

Colorado Foreclosure

If you live in the state of Colorado and face foreclosure, you need to know the basics of the foreclosure laws of your state. In Colorado, there are both judicial and non-judicial foreclosures; however, non-judicial foreclosure is most common.
In judicial foreclosures, a lender may sue the borrower to obtain a court [...]

posted by admin at 6:19 am
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July 29th, 2009

California Foreclosure

If you live in the state of California and face foreclosure, you need to know the basics of the foreclosure laws of your state. In California, there are both judicial and non-judicial foreclosures; however, non-judicial foreclosure is most common.
In judicial foreclosures, a lender may sue the borrower to obtain a court order [...]

posted by admin at 6:16 am
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July 28th, 2009

Arkansas Foreclosure

If you live in the state of Arkansas and face foreclosure, you need to know the basics of the foreclosure laws of your state. In Arkansas, there are both judicial and non-judicial foreclosures. Arkansas differs from some states, as the property has to be appraised prior to the sale and not be sold [...]

posted by admin at 6:13 am
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July 27th, 2009

Arizona Foreclosure

If you live in the state of Arizona and face foreclosure, you need to know the basics of the foreclosure laws of your state. In Arizona, the Non-Judicial Foreclosure is most common but sometimes a judicial foreclosure does occur but only in the absence of a power of sale clause in the mortgage loan [...]

posted by admin at 6:07 am
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July 24th, 2009

Alaska Foreclosure

If you live in the state of Alaska and face foreclosure, you need to know the basics of the foreclosure laws of your state. In Alaska, there are both judicial and non-judicial foreclosures. In judicial foreclosures, a lender must sue the borrower to obtain a court order to foreclose and sell your property [...]

posted by admin at 3:20 pm
2 Comments | Categories: Alaska Foreclosure, Dealing with lenders, Saving your home from Foreclosure, foreclosure | Tags: , , , , , ,
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July 23rd, 2009

Alabama Foreclosure

If you live in the state of Alabama and face foreclosure, you need to know the basics of the foreclosure laws of your state. In Alabama, there are both judicial and non-judicial foreclosures. In judicial foreclosures, a lender may sue the borrower to obtain a court order to foreclose and sell your property [...]

posted by admin at 3:03 pm
3 Comments | Categories: Alabama Foreclosure, Dealing with lenders, foreclosure | Tags: , , , , , ,
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July 22nd, 2009

Adjustable Rate Mortgage – What is an Adjustable Rate Mortgage?

An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate is adjusted based off an index. The index can be based off the lenders cost of funds or off the rates on 1 year constant maturity Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered Rate [...]

posted by admin at 10:14 pm
6 Comments | Categories: Adjustable Rate Mortgage, Dealing with lenders, Saving your home from Foreclosure | Tags: , , , , ,
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July 21st, 2009

Finding Accredited Home Lenders

When your credit is not what it should be, and your credit score is less then 620, you may only qualify for a sub prime mortgage. An accredited home lender works with sub prime mortgages for that population of people who have less then favorable credit scores yet still want to become a homeowner. [...]

posted by admin at 10:01 pm
4 Comments | Categories: Accredited Home Lender | Tags: , , , , ,
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July 20th, 2009

Accredited Home Lenders

If your credit was not the best at the time you went to get a loan for a home you may have went through an accredited home lender. An accredited home lender is a financial institution, which lends money to people who have a poor or no credit history. Generally, these loans are [...]

posted by admin at 9:21 pm
5 Comments | Categories: Accredited Home Lender | Tags: , , , , , ,
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