How to Stay in My Home After Foreclosure in Longwood

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 … Continued

How to Know if You Should Refinance or Sell Your House in Longwood

Many people are strongly attached to their homes and despite changes in their life find it problematic to make the decision to sell. Having built equity in the home over a long period of time, one consideration is refinancing to resolve the issues that brought up the subject in the first place. We will discuss … Continued

5 Tips for Selling an Inherited House in Longwood

Family members or close friends commonly enact a will leaving their property holdings to their next of kin or people who meant a lot to them. Inheriting a home is quite common, yet the property is often unwanted. Leaving a recipient holding what is often an unaffordable property, due to upkeep, property taxes, and any … Continued

Understanding the Foreclosure Process in FL

Understanding the foreclosure process in FL is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in FL 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. … Continued

Short Sale vs Foreclosure – What’s the Difference in Longwood?

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 Longwood, FL? 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 you stop … Continued

How to Avoid Foreclosure in Longwood

While the housing market is rebounding, many people in Longwood] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

What is a Pre-Foreclosure in Longwood?

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 Longwood anyway? Many homeowners across America and Longwood are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

Foreclosure notice of default in FL– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a short sale and how does it benefit you in Longwood FL?

What is a short sale and how does it benefit you here in Longwood? If you’re thinking that question about yourself… great question! In this article we’ll dive into that question so you as a Longwood FL home owner can tell what your options are during foreclosure or just if your home mortgage is underwater. … Continued

Can I Sell My House in Foreclosure in Longwood?

Do you have a Longwood FL house that’s in foreclosure right now? Many people going through the FL foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued