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Tag Archives | foreclosure
Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Tucson Arizona? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If […]
“I’m behind in payments…will I be giving my house back to the bank in Tucson?” Nobody wants to lose their home. But sometimes financial circumstances turn against you and those financial commitments become simply too much to manage. If your situation progresses too far, you may be forced into the unfortunate situation of having to […]
You’re trying to sell a Tucson, Arizona house that just won’t sell? And yet – the news says the real estate market is heating up. The media is practically shouting again about multiple offers, high demand, and record-setting prices. So where’s your contract? These tips could be just what you need to help you sell your Tucson home. Why […]
With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Tucson anyway? Many homeowners across America and Tucson are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will […]
A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose […]
Understanding the foreclosure process in Tucson AZ is an important part of navigating your own home foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. But just know that it’s not […]
Can you sell your Tucson, Arizona house even when it is under foreclosure? Do you have a Tucson Arizona house that’s in foreclosure right now? Many people going through the Arizona foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: […]
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