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Posts Tagged ‘loan mod secrets’

Biggest foreclosure mistake

One of the biggest mistakes you can make after getting served with foreclosure papers is to do nothing, figuring you’ll “just let the house go.” Not only will you lose your home, but the bank will probably get a deficiency judgment against you; that is, a judgment awarding the bank money for the difference between [...]

Real Estate Market

Proposed Health Care Reform Will Deepen Recession  As we pass the mid point of July in the Springfield Illinois housing market there continues to be mixed signals. So far in July closed home sales down slightly, sales pending up. The median sale price is up, the average sale price is down. Year to date closed [...]

Foreclosure Mediation

If you get sued for foreclosure, remember that most courts give you the chance to “mediate” your case. In mediation, you, your lawyer (if you have one), and a representative of your lender who has the authority to get something done, meet with a mediator (a lawyer who doesn’t represent you or the lender, but [...]