Foreclosure

While the term "zombie title" probably generates the image of the "undead," it is actually connected to real estate. Zombie titles have become a serious problem over the last several years. If you are in a situation where you have received notice that the bank is...

If you are in danger of having no home for the holidays due to foreclosure on your property, you should know that it's not a foregone conclusion. There are steps you can take to keep from losing your house, but you need to take action.-- Don't let unopened mail from...

Last week. we detailed how telephone scams can ensnare unwitting debtors into paying off debts for which they are not responsible. This week we will explore the different types of scams related to foreclosures. Scammers prey on those who are experiencing financial...

Homeowners threatened with foreclosure sometimes try to arrange a short sale with a buyer to avoid having their homes being foreclosed upon.There are advantages to a short sale versus foreclosure, although neither is optimum. Short sales eliminate many costs and fees...

Foreclosure. That's a scary word for homeowners. By the time those words get mentioned, the situation has gotten very serious. You can't afford to dither; you are teetering on the brink.See where you are on the foreclosure timeline: -- You skipped the first payment on...

If you are afraid you are going to lose your home in a foreclosure, all is not lost. There may be a way to salvage the situation by taking advantage of one of several federal programs implemented by the Obama administration.One program, Making Home Affordable, offers...

A lot of New Jersey residents have lived in their homes for years — even decades — so when they are threatened by home foreclosure, the idea can be very scary. However, the last thing homeowners should do when faced with the possibility of foreclosure is...

It can be difficult to live in New Jersey with the cost of living what it is right now. Research has shown that around 40 percent of the people in the state have a hard time just paying the bills and making ends meet.The study was carried out by the Corporation for...

The answer is, yes. Bankruptcy will hurt your credit rating. On average, filing for bankruptcy will reduce your credit score by about 120 or 130 points. That said, it may be a necessary move in order to resolve debt issues that could plague you for a lifetime, and...

When it comes to foreclosures, the good news nationally is that the number of home foreclosures that relate back to the collapse of the "housing bubble" in 2008 continues to decline, constituting slightly less than two-thirds of foreclosures as opposed to...