Going through the process of Foreclosure

Foreclosure in the simplest terms may be defined as the process under which a lender decides to end partnership with the borrower following a breach by the latter. A breach happens when the borrower fails to make payments as stipulated in the terms of mortgage contract. Foreclosure involves the sale of the property that had […]

Factors Leading to Foreclosure

Foreclosure is a situation in which a home owner fails to make principal and interest payments on their mortgage, so the mortgagee, either a bank of any other financial institution, can be able to repossess and sell the property according to the terms in the contract documents. The main reason for foreclosure is for the […]

Definition of Foreclosure

Foreclosure is the process by which a lender of a mortgage, hereafter referred as the mortgagee secures the legal authority by either a court injunction or law operation to end the rights of a borrower, hereafter referred as the mortgagor with regard to a mortgage loan. Under normal circumstances, the mortgagee obtains interest of guarantee […]

Capital Funding and Financing options in Initial Stage of Real Estate Investing

The search for funds never ends Many people who have tried their hand at real estate investing complain that the most difficult step to take is the initial one. When you are first starting your real estate investing venture, you will probably need a lot of money to buy your first property. This is when […]