Foreclosure on your home can be a scary prospect for many Americans, but it doesn't have to be. Check out these 9 things you might not know to prepare yourself.
A short sale is when a home is sold for less than the amount owed on the mortgage. It can be a better option than foreclosure and has benefits like less credit damage and the ability to buy a new home sooner. However, not all homeowners qualify for a short sale, which requires the property to be worth less than the loan balance and for the mortgage to be in or near default. The document provides contact information for a real estate agent who specializes in short sales.
With the repercussions of recession still very much there, numbers of foreclosure issues in states like Illinois and Michigan have risen. If you are facing such a situation then the first question that arises to your mind is “Can I stop foreclosure”. The answer to this inquiry is yes, you can. There are various approaches that you can adopt for can I stop foreclosure. Some options would be feasible for you while others would be basically forced on you owing to circumstances.Now that we have answered the query of can I stop foreclosure in the affirmative, we take a look at your options. An approach that you may adopt is known as “forbearance” and involves in you agreeing with the lender to extend the time so that you can make payments.
There are several options for homeowners facing foreclosure to explore, including reinstatement, forbearance or repayment plans, mortgage modifications, property rentals, friendly foreclosures, bankruptcy, refinancing, military options, selling the home, and short sales. Working with an experienced real estate agent is highly recommended, as they can provide guidance on qualifying for different options and negotiating with lenders to avoid foreclosure.
Carla Hall is a title agent whose job is to handle property transactions and issue title insurance policies to protect homeowners from legal issues that could disrupt their ownership. As a title agent, she conducts closings, processes paperwork, and issues insurance policies to buyers that protect them from "clouds" on the title like errors or undisclosed heirs that could allow others to claim ownership. She explains that her role is to ensure homeowners receive clear and legitimate ownership by clearing up any title defects, which her insurance would then cover the costs of defending. While most people don't understand her role, title insurance provides important protection for homeowners that can save them significant legal fees if any title issues emerge after the purchase.
The document discusses how bankruptcy may be used to stop or delay a foreclosure in Ohio. Filing bankruptcy automatically halts foreclosure for 30 days through an automatic stay issued by the court. A Chapter 7 bankruptcy allows exempting a primary residence up to $132,900 in value from liquidation to pay debts. A Chapter 13 bankruptcy allows developing a repayment plan over 3-5 years to save a home from foreclosure while resolving the underlying debt. Bankruptcy may also discharge second mortgages or deficiency judgments after foreclosure in some situations. Consulting a bankruptcy attorney immediately if facing foreclosure is recommended to evaluate options.
The document discusses the pros and cons of renting versus buying a home. It describes the stress that comes with renting, such as dealing with landlord inspections and rules. While buying a home allows more freedom and control over the property, it also comes with additional costs and responsibilities of ownership. The document suggests buying only makes sense if someone plans to stay in the home for at least 5 years and is in a stable career and life situation. Ultimately, buying a home provides a sense of stability and groundedness for those ready to settle down.
A short sale is when a home is sold for less than the amount owed on the mortgage. It can be a better option than foreclosure and has benefits like less credit damage and the ability to buy a new home sooner. However, not all homeowners qualify for a short sale, which requires the property to be worth less than the loan balance and for the mortgage to be in or near default. The document provides contact information for a real estate agent who specializes in short sales.
With the repercussions of recession still very much there, numbers of foreclosure issues in states like Illinois and Michigan have risen. If you are facing such a situation then the first question that arises to your mind is “Can I stop foreclosure”. The answer to this inquiry is yes, you can. There are various approaches that you can adopt for can I stop foreclosure. Some options would be feasible for you while others would be basically forced on you owing to circumstances.Now that we have answered the query of can I stop foreclosure in the affirmative, we take a look at your options. An approach that you may adopt is known as “forbearance” and involves in you agreeing with the lender to extend the time so that you can make payments.
There are several options for homeowners facing foreclosure to explore, including reinstatement, forbearance or repayment plans, mortgage modifications, property rentals, friendly foreclosures, bankruptcy, refinancing, military options, selling the home, and short sales. Working with an experienced real estate agent is highly recommended, as they can provide guidance on qualifying for different options and negotiating with lenders to avoid foreclosure.
Carla Hall is a title agent whose job is to handle property transactions and issue title insurance policies to protect homeowners from legal issues that could disrupt their ownership. As a title agent, she conducts closings, processes paperwork, and issues insurance policies to buyers that protect them from "clouds" on the title like errors or undisclosed heirs that could allow others to claim ownership. She explains that her role is to ensure homeowners receive clear and legitimate ownership by clearing up any title defects, which her insurance would then cover the costs of defending. While most people don't understand her role, title insurance provides important protection for homeowners that can save them significant legal fees if any title issues emerge after the purchase.
The document discusses how bankruptcy may be used to stop or delay a foreclosure in Ohio. Filing bankruptcy automatically halts foreclosure for 30 days through an automatic stay issued by the court. A Chapter 7 bankruptcy allows exempting a primary residence up to $132,900 in value from liquidation to pay debts. A Chapter 13 bankruptcy allows developing a repayment plan over 3-5 years to save a home from foreclosure while resolving the underlying debt. Bankruptcy may also discharge second mortgages or deficiency judgments after foreclosure in some situations. Consulting a bankruptcy attorney immediately if facing foreclosure is recommended to evaluate options.
The document discusses the pros and cons of renting versus buying a home. It describes the stress that comes with renting, such as dealing with landlord inspections and rules. While buying a home allows more freedom and control over the property, it also comes with additional costs and responsibilities of ownership. The document suggests buying only makes sense if someone plans to stay in the home for at least 5 years and is in a stable career and life situation. Ultimately, buying a home provides a sense of stability and groundedness for those ready to settle down.
VA Loans for Vets NMLS#184169
5050 North 40th Street, Ste 260
Phoenix, AZ 85018
602-908-5849
Jimmy Vercellino is one of the nation’s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com
Needless to say that nowadays, you are certainly in a much better position to utilize your benefit and it is possible to know whatever you want to about Massachusetts foreclosure, with the expert advice and guidance from the Massachusetts foreclosure attorney.
The document discusses options for homeowners who owe more on their mortgage than their home is currently worth due to declining home prices. It outlines four options: 1) refinancing at a fixed rate if credit is good and home value covers loan, 2) working out a forbearance plan with the lender to freeze rates temporarily, 3) pursuing a short sale if circumstances have caused financial hardship, or 4) foreclosure if no other option is pursued. It advises homeowners in difficult situations to consult a real estate professional to evaluate the best choice and avoid foreclosure if possible.
The document discusses options for homeowners who are struggling to pay their mortgage or who are facing foreclosure. It explains that a loan modification allows homeowners to permanently change the terms of their mortgage to make the payments more affordable. It notes that homeowners can often qualify for a modification even if they are behind on payments or have damaged credit. The document then provides answers to several common questions about the modification process and requirements.
Foreclosure defense.
Foreclosure attorney
Foreclosure lawyer
Real Estate
Homes
Foreclosed Homes
Bankruptcy
Sunrise
Miami
West Palm Beach
Fort Lauderdale
The document discusses options for homeowners who are struggling to pay their mortgage, including a loan modification. A loan modification permanently changes one or more terms of the mortgage to make the payments more affordable. It is possible to get a modification even if behind on payments or with damaged credit. Required documentation includes forms providing financial and hardship details. Other options if modification is denied include refinancing, a short sale, assuming the loan, or renting the property.
The document discusses how a short sale is a better alternative to foreclosure when facing financial hardship and losing one's home, as it allows homeowners to exit their property more gracefully. It explains the advantages and disadvantages of a short sale compared to foreclosure, and provides details on the Home Affordable Foreclosure Alternatives (HAFA) program which provides incentives to lenders and homeowners to pursue a short sale over foreclosure. The document also offers guidance on how homeowners can proceed with a short sale by finding an experienced real estate agent and gathering evidence of financial hardship.
The document discusses options for homeowners in Illinois facing foreclosure to stop the foreclosure process. There are four main options: 1) catching up on missed mortgage payments, 2) paying off the remaining balance of the mortgage, 3) selling the house before foreclosure is completed, or 4) filing for bankruptcy. It is important for homeowners facing foreclosure not to ignore letters from their lender, to seek help from HUD-certified counselors and professionals, and to beware of scams claiming to stop foreclosure. Completing the foreclosure process has long-term negative effects on credit.
HOM INtro #33: Why Are You Behind on Your Mortgage Payments? (At least, what ...MildredWilkins
Yes, I know it is because you don’t have the money… but that is not a reason that the bank wants to hear. The REASON why you don’t have the money is more important than the fact they you can’t pay—in the lenders’ eyes. They are looking for reasons which are acceptable to them: an acceptable hardship or circumstance which triggered your inability to send your scheduled payment. They do NOT want to hear that you had to bail your drunken brother out of jail. Again. Nor it is a good idea to tell them the trip to Vegas was one you had planned for the past 2years so you had to go. I had to buy Christmas presents because I have young kids is also NOT an acceptable hardship. We’ll cover for you what ARE acceptable reasons for being in default. You can be better prepared to defend your position and your need for help when you know what is and IS NOT acceptable. We’ve got you covered.
Buying after a short sale or foreclosure(finished)RandyBett
This document discusses the options and requirements for obtaining a mortgage after a short sale, foreclosure, or bankruptcy. It notes that FHA loans are typically the best option in these situations. For bankruptcies, there is a waiting period of two years for Chapter 7 and one year for Chapter 13. For short sales, the waiting period is three years and a minimum 10% down payment is usually required. For foreclosures, the waiting period to get an FHA loan is three years, though extenuating circumstances may reduce this time with proper documentation.
This document discusses decision making with limited time and information. It provides examples of good and bad decisions based on outcomes. The speaker advocates making decisions based on hypotheses, pre-mortems, and calibrating beliefs using feedback rather than outcomes alone. Decision types - type 1 being consequential and type 2 being reversible - are introduced. Examples of decisions around privacy policies and identity monitoring are presented, showing how to structure the decision making process. The key takeaways are that good decisions increase the likelihood of good outcomes even if not guaranteed, and most decisions are reversible so it is important to drive decisions quickly while focusing on being right for important decisions.
This document provides information about the short sale process for homeowners facing foreclosure. It defines a short sale as when a lender agrees to take less than what is owed on a property to allow it to be sold. The document then outlines who qualifies for a short sale, the required paperwork, the steps of the process, potential benefits over foreclosure, and answers common questions about short sales. The overall message is that working with a real estate agent can help navigate this complex process and increase the chances of a successful short sale.
The document provides an overview of options for homeowners facing foreclosure, including working with lenders to reinstate loans, refinancing if equity exists, pursuing a short sale with a realtor, executing a deed in lieu of foreclosure to transfer ownership to the lender, filing for bankruptcy under Chapter 7 to eliminate unsecured debts or Chapter 13 to reorganize debts over 3-5 years, or allowing the foreclosure to proceed. It also mentions the Soldier Relief Act of 1940 which may stop foreclosure proceedings for active duty military personnel who took out loans before being called to duty.
Kaufman Law: Will and Business Succession Perilsguest39e7f6c4
The document discusses various issues that can arise with business succession planning and will contests. It notes that 70% of closely held businesses do not survive to the second generation, and 85% do not survive to the third generation on average. Common reasons for business failure between generations include a lack of succession planning, ownership and management issues, and not having a clear strategic vision. It also outlines different techniques for succession planning that can be challenged if not implemented correctly, such as buy-sell agreements and family limited partnerships. Additionally, it discusses risks of will contests, predator attacks on businesses, and the importance of having assets structured across multiple entities to protect from lawsuits.
“How can I lower my mortgage?” This is a question that thousands of homeowners are asking as interest rates are increasing, causing mortgage payments to skyrocket. Though many people fear they have no alternatives, there are several pre-foreclosure options. The key is acting in a timely way.
This document discusses how to successfully cut someone out of your will by guarding against challenges. It outlines common ways disinheritance is challenged, such as claims of undue influence or mistakes in the will. It recommends leaving a signed record of reasons for disinheritance, obtaining independent legal advice, and avoiding appearances of undue influence. The document also discusses using mechanisms other than a will, such as gifts or trusts, to distribute assets and make disinheritance harder to challenge.
Patrice Krupa - Short Sale Homeowner Presentationslidesharepjk
A short sale occurs when the value of a property is less than what is owed on the property and the lender accepts less than full payment to allow the sale. It benefits homeowners by reducing damage to their credit and avoiding foreclosure. To qualify, homeowners must show financial hardship and inability to maintain payments. The process requires documentation and can take up to 6 months. While it does not provide money to homeowners, it allows them to avoid a foreclosure on their record.
This document provides information about the SupEFL Flashcards: Nature project. It lists the project number 2014-1-DE02-KA200-001093 and identifies Learnmera Oy and www.thelanguagemenu.com as organizations associated with creating flashcards to help teach English language learners about nature-related topics.
The health benefits offered by sesame seeds are incredibly rich sources of many essential minerals. Calcium, iron, manganese, zinc, magnesium, selenium, and copper are especially concentrated in sesame seeds.
VA Loans for Vets NMLS#184169
5050 North 40th Street, Ste 260
Phoenix, AZ 85018
602-908-5849
Jimmy Vercellino is one of the nation’s top VA Home Loan mortgage originators. A Marine veteran, he and his team work hard to help veterans take advantage of their VA loan benefit and become homeowners. From start to finish, they guide their clients through the process and make it as smooth and stress-free as possible. Visit the site at https://www.valoansforvets.com
Needless to say that nowadays, you are certainly in a much better position to utilize your benefit and it is possible to know whatever you want to about Massachusetts foreclosure, with the expert advice and guidance from the Massachusetts foreclosure attorney.
The document discusses options for homeowners who owe more on their mortgage than their home is currently worth due to declining home prices. It outlines four options: 1) refinancing at a fixed rate if credit is good and home value covers loan, 2) working out a forbearance plan with the lender to freeze rates temporarily, 3) pursuing a short sale if circumstances have caused financial hardship, or 4) foreclosure if no other option is pursued. It advises homeowners in difficult situations to consult a real estate professional to evaluate the best choice and avoid foreclosure if possible.
The document discusses options for homeowners who are struggling to pay their mortgage or who are facing foreclosure. It explains that a loan modification allows homeowners to permanently change the terms of their mortgage to make the payments more affordable. It notes that homeowners can often qualify for a modification even if they are behind on payments or have damaged credit. The document then provides answers to several common questions about the modification process and requirements.
Foreclosure defense.
Foreclosure attorney
Foreclosure lawyer
Real Estate
Homes
Foreclosed Homes
Bankruptcy
Sunrise
Miami
West Palm Beach
Fort Lauderdale
The document discusses options for homeowners who are struggling to pay their mortgage, including a loan modification. A loan modification permanently changes one or more terms of the mortgage to make the payments more affordable. It is possible to get a modification even if behind on payments or with damaged credit. Required documentation includes forms providing financial and hardship details. Other options if modification is denied include refinancing, a short sale, assuming the loan, or renting the property.
The document discusses how a short sale is a better alternative to foreclosure when facing financial hardship and losing one's home, as it allows homeowners to exit their property more gracefully. It explains the advantages and disadvantages of a short sale compared to foreclosure, and provides details on the Home Affordable Foreclosure Alternatives (HAFA) program which provides incentives to lenders and homeowners to pursue a short sale over foreclosure. The document also offers guidance on how homeowners can proceed with a short sale by finding an experienced real estate agent and gathering evidence of financial hardship.
The document discusses options for homeowners in Illinois facing foreclosure to stop the foreclosure process. There are four main options: 1) catching up on missed mortgage payments, 2) paying off the remaining balance of the mortgage, 3) selling the house before foreclosure is completed, or 4) filing for bankruptcy. It is important for homeowners facing foreclosure not to ignore letters from their lender, to seek help from HUD-certified counselors and professionals, and to beware of scams claiming to stop foreclosure. Completing the foreclosure process has long-term negative effects on credit.
HOM INtro #33: Why Are You Behind on Your Mortgage Payments? (At least, what ...MildredWilkins
Yes, I know it is because you don’t have the money… but that is not a reason that the bank wants to hear. The REASON why you don’t have the money is more important than the fact they you can’t pay—in the lenders’ eyes. They are looking for reasons which are acceptable to them: an acceptable hardship or circumstance which triggered your inability to send your scheduled payment. They do NOT want to hear that you had to bail your drunken brother out of jail. Again. Nor it is a good idea to tell them the trip to Vegas was one you had planned for the past 2years so you had to go. I had to buy Christmas presents because I have young kids is also NOT an acceptable hardship. We’ll cover for you what ARE acceptable reasons for being in default. You can be better prepared to defend your position and your need for help when you know what is and IS NOT acceptable. We’ve got you covered.
Buying after a short sale or foreclosure(finished)RandyBett
This document discusses the options and requirements for obtaining a mortgage after a short sale, foreclosure, or bankruptcy. It notes that FHA loans are typically the best option in these situations. For bankruptcies, there is a waiting period of two years for Chapter 7 and one year for Chapter 13. For short sales, the waiting period is three years and a minimum 10% down payment is usually required. For foreclosures, the waiting period to get an FHA loan is three years, though extenuating circumstances may reduce this time with proper documentation.
This document discusses decision making with limited time and information. It provides examples of good and bad decisions based on outcomes. The speaker advocates making decisions based on hypotheses, pre-mortems, and calibrating beliefs using feedback rather than outcomes alone. Decision types - type 1 being consequential and type 2 being reversible - are introduced. Examples of decisions around privacy policies and identity monitoring are presented, showing how to structure the decision making process. The key takeaways are that good decisions increase the likelihood of good outcomes even if not guaranteed, and most decisions are reversible so it is important to drive decisions quickly while focusing on being right for important decisions.
This document provides information about the short sale process for homeowners facing foreclosure. It defines a short sale as when a lender agrees to take less than what is owed on a property to allow it to be sold. The document then outlines who qualifies for a short sale, the required paperwork, the steps of the process, potential benefits over foreclosure, and answers common questions about short sales. The overall message is that working with a real estate agent can help navigate this complex process and increase the chances of a successful short sale.
The document provides an overview of options for homeowners facing foreclosure, including working with lenders to reinstate loans, refinancing if equity exists, pursuing a short sale with a realtor, executing a deed in lieu of foreclosure to transfer ownership to the lender, filing for bankruptcy under Chapter 7 to eliminate unsecured debts or Chapter 13 to reorganize debts over 3-5 years, or allowing the foreclosure to proceed. It also mentions the Soldier Relief Act of 1940 which may stop foreclosure proceedings for active duty military personnel who took out loans before being called to duty.
Kaufman Law: Will and Business Succession Perilsguest39e7f6c4
The document discusses various issues that can arise with business succession planning and will contests. It notes that 70% of closely held businesses do not survive to the second generation, and 85% do not survive to the third generation on average. Common reasons for business failure between generations include a lack of succession planning, ownership and management issues, and not having a clear strategic vision. It also outlines different techniques for succession planning that can be challenged if not implemented correctly, such as buy-sell agreements and family limited partnerships. Additionally, it discusses risks of will contests, predator attacks on businesses, and the importance of having assets structured across multiple entities to protect from lawsuits.
“How can I lower my mortgage?” This is a question that thousands of homeowners are asking as interest rates are increasing, causing mortgage payments to skyrocket. Though many people fear they have no alternatives, there are several pre-foreclosure options. The key is acting in a timely way.
This document discusses how to successfully cut someone out of your will by guarding against challenges. It outlines common ways disinheritance is challenged, such as claims of undue influence or mistakes in the will. It recommends leaving a signed record of reasons for disinheritance, obtaining independent legal advice, and avoiding appearances of undue influence. The document also discusses using mechanisms other than a will, such as gifts or trusts, to distribute assets and make disinheritance harder to challenge.
Patrice Krupa - Short Sale Homeowner Presentationslidesharepjk
A short sale occurs when the value of a property is less than what is owed on the property and the lender accepts less than full payment to allow the sale. It benefits homeowners by reducing damage to their credit and avoiding foreclosure. To qualify, homeowners must show financial hardship and inability to maintain payments. The process requires documentation and can take up to 6 months. While it does not provide money to homeowners, it allows them to avoid a foreclosure on their record.
This document provides information about the SupEFL Flashcards: Nature project. It lists the project number 2014-1-DE02-KA200-001093 and identifies Learnmera Oy and www.thelanguagemenu.com as organizations associated with creating flashcards to help teach English language learners about nature-related topics.
The health benefits offered by sesame seeds are incredibly rich sources of many essential minerals. Calcium, iron, manganese, zinc, magnesium, selenium, and copper are especially concentrated in sesame seeds.
Education is necessary to raise awareness of looming health dangers and the need for prevention and self-monitoring to halt crippling diseases and reverse their growth at early stages through preventive care.
TEDx Speaker Christina Aldan of LG Designs for #KalX16Christina Aldan
This document summarizes a talk given by Christina Aldan on empathy being an entrepreneur's secret weapon. It discusses defining empathy versus sympathy, with empathy meaning understanding another's experiences and emotions while sympathy is feeling sorry for their situation. The talk provides tips for practicing empathy, such as going deeper into others' feelings, shifting perspective, and practicing random kindness. The overall message is that empathy drives connection and can help entrepreneurs in their work.
Este documento fornece instruções para montar um fascículo de receitas em formato de livro. Explica como imprimir, recortar e dobrar as páginas para criar o miolo do livro e encapar. Também discute opções para impressão e formas de armazenamento.
This document provides information on avoiding foreclosure, including warnings about common foreclosure scams. It contains an 8 chapter guide covering topics like the foreclosure process, options for preventing foreclosure like loan modifications or bankruptcy, and restoring credit after a foreclosure. The introduction defines a mortgage and foreclosure, explaining that foreclosure is when a lender takes legal ownership of a home if the borrower fails to make payments. It stresses that foreclosure can be avoided and offers hope to struggling homeowners.
The document outlines the short sale process, which allows homeowners facing foreclosure to sell their home for less than the amount owed on their mortgage in order to avoid foreclosure. It explains that homeowners must provide documentation of their financial hardship and allow their home to be listed for sale. The lender will then review the homeowner's financial information and make a decision on approving the short sale. If approved, the home can be sold, the proceeds go to the lender, and the homeowner avoids the damaging effects of foreclosure.
This document provides an overview of foreclosure processes in Maryland. It defines foreclosure as when a lender takes back collateral (usually a home) used to secure a loan if the borrower fails to meet loan terms. Maryland uses a hybrid judicial/non-judicial process where lenders must file some court documents. The foreclosure process begins when a lender sends a Notice of Intent to Foreclose, giving the borrower 90 days to resolve issues before the lender files in court. Speaking to a foreclosure attorney as soon as possible is recommended to understand options and navigate the complex process.
This document provides information about short sales and options for homeowners facing foreclosure. It discusses the short sale process in 4 steps: 1) gathering required documentation, 2) marketing the home, 3) presenting the offer to the bank which can take 1-4 months, and 4) closing once approved. It warns homeowners not to delay or ignore their situation, and outlines common reasons people face foreclosure like job loss or medical issues. The document emphasizes that the real estate agent can help negotiate with lenders to avoid foreclosure and formal legal proceedings.
Here is a great document about stopping the foreclosure process in Michigan. You can also find more information at www.stopmichiganforeclosure.com it is a website with a lot of valuable information about avoiding foreclosure on your home in Michigan.
This document discusses options for homeowners to leverage their home equity, including working with the presenter Robert Ratimorszky of GSF Mortgage. It outlines four options: doing nothing; handling it independently; working with a traditional realtor/lender; or working with Robert. It then discusses the benefits of refinancing one's mortgage, such as freeing up cash flow and lowering taxes. Two scenarios are presented comparing paying off a mortgage quickly versus investing savings. The document promotes the benefits of working with GSF Mortgage to obtain a mortgage that allows homeowners to maximize their finances.
Preventing foreclosure is at the top of the list for thousands of families. And while it can’t be avoided in all situations, there are steps that people can take that will ensure they have the best possible chance. After reviewing the list, it is important to connect with a qualified debt negotiations specialist to create a solid plan of action.
Bankruptcy is a federal court process that allows debtors to eliminate debts through selling assets or repayment plans (Chapter 7 or 13). Some debt relief companies take advantage of desperate people by charging large fees and providing misleading information about bankruptcy. Filing bankruptcy can negatively impact credit scores and future financial opportunities like loans and housing. It is better to avoid bankruptcy by negotiating with creditors for debt reduction, getting a low interest loan for consolidation, contacting creditors to explain your situation, or seeking help from debt management agencies to create a repayment plan. With the right strategies, people can resolve debt issues without declaring bankruptcy.
First Time Homebuyer Guide Winter 2023 - ChicagoTammy Jackson
The Chicago area is a great place to be a first-time homebuyer. This city has a lot to offer, and our team at KM Realty Group LLC can help you take advantage of it. With our First Time Homebuyer Guide Winter 2023, we'll help you find the perfect home in the perfect location.
We know that buying a home for the first time can be overwhelming — especially if you're not familiar with the area. That's why we've created this guide: to prepare you for all of the steps involved in finding that perfect home.
We start off by giving you an overview of what's available in Chicago, including condos, townhomes, single-family homes, and more. We also show you what each type of property looks like so you can get an idea of what your ideal home might look like before you even start looking at specific properties or neighborhoods.
Need help? contact our agents today.
✅https://kmrealtygroup.net/agents/
Title365 is a nationwide provider of title insurance and escrow services. It has local offices throughout California and key cities nationwide. Title365 uses centralized and efficient operations to provide faster closing services for residential real estate transactions. It offers traditional title insurance, escrow, and technology solutions to brokers, lenders, and buyers and sellers of real estate. Title365 also offers flexibility in title insurance underwriters through its relationships with major underwriters. Its online platform connects buyers, sellers, and professionals to facilitate ordering and tracking of real estate services.
Should You Rent or Buy- Take the quiz now!Mortgage Girl
Is it time to move out of your parents place? Or finally time to get a home of your own? Find out if you're ready to buy. Or maybe renting for a bit longer may be better for you. Take the quiz to find out!
This guide gives you powerful real estate marketing content specific to first-time buyers. The guide helps you educate your clients on what they need to know before buying a home and simply and effectively explains the homebuying process.
Have questions from our real estate professionals?
Let's talk. https://kmrealtygroup.net/
Fife & cesta's official and complete bankruptcy survival guidefifecesta
The Law Offices Of Fife & Cesta, PLC is a Mesa, Arizona bankruptcy law firm that provides bankruptcy services to clients around Arizona.
They have issued this over 60 page guide to getting through bankruptcy as a service for their bankruptcy clients and for anyone examining the options offered by filing for debt relief under the federal Bankruptcy code.
Embarking on the journey of purchasing your first home in Chicago? KM Realty Group presents the "First Time Homebuyer Guide 2023," your essential companion to navigating the Chicagoland real estate market with confidence.
https://kmrealtygroup.net/
The document provides an overview of the home buying process and discusses important considerations for obtaining a home mortgage loan. It includes tips on working with a lender and real estate agent, evaluating different loan options, negotiating terms, and becoming educated on the process. Key recommendations are to get pre-approved for a loan, look at multiple loan programs, demand good service, and don't be afraid to negotiate flexible terms. Being informed is important to getting the best mortgage.
Bankruptcy law firm in maryland – helping you file for bankruptcytansygeoffery
Your finances can take a hit due to circumstances beyond your control. No matter how careful you have been with your money, there might be circumstances or situations where it becomes necessary to file for bankruptcy. You might take this step to prevent your possessions been taken over by creditors or simply put a stop to communications from accredited.
This course will help you learn:
You will know what to do if your mortgage becomes delinquent or if you are facing foreclosure
You will know the options that are available to you
Get involved…take action
This document provides information about options for homeowners who are facing foreclosure or are behind on mortgage payments. It discusses 7 options: 1) loan modification, 2) forbearance agreement, 3) subject-to sale, 4) short sale, 5) bankruptcy, 6) deed-in-lieu of foreclosure, and 7) doing nothing and losing the home to foreclosure. It provides details on how each option works and what fees may be involved. The document encourages homeowners to contact the sender for assistance in working with their bank to negotiate one of these options.
This document discusses short sale considerations. It notes that deciding to sell a home through a short sale can be stressful but is not a destitute situation. It emphasizes the importance of demonstrating legitimate hardship to the bank in order to get a short sale approved. Examples of hardship that could be documented include job loss, illness, or marital issues. The document advises being prepared to back up the hardship with documentation and provide specific financial details to the bank.
This document provides an overview of what you need to know about real estate. It discusses getting ready to purchase a home by understanding your credit, budgeting for initial investments, and knowing the housing market. It also recommends finding a real estate team including a realtor, inspector, and possibly a broker or bird dog to assist with your search. Different types of loans and real estate investments are also briefly touched on.
Similar to Facing Foreclosure? 9 Things You Should Know (20)
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
The Rise and Fall of Ponzi Schemes in America.pptxDiana Rose
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
2. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
For many Americans, foreclosure is more than a big, scary word or a
worst-case scenario. It’s a reality.
Why do people go into foreclosure?
• Layoffs
• Excessive debt
• Medical conditions
• Divorce
• Job transferring to another state
3. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
WHAT’S TO BE DONE?
If you’re facing foreclosure on your
current home or you’re nervous about
the future, there are 9 valuable facts
that you need to know.
4. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
YOUR MORTGAGE LENDER DOES NOT
WANT TO TAKE YOUR HOUSE AWAY
Foreclosing on a property means your lender will lose a lot of money
and be stuck with a piece of real estate they will have to manage.
Your lender wants to help you avoid foreclosure or make a deal so
you don’t have leave your home.
1
5. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
FINANCIAL DIFFICULTY DOESN’T
HAVE TO LEAD TO FORECLOSURE
Losing your job, getting divorced, or having uncontrollable debt
doesn’t mean you’re doomed to foreclose on your home. Take some
time to evaluate your situation. Whether you refinance, take extra
work, or find a roommate, realize that there are options to get back
on your feet.
2
6. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
UNDERSTANDING YOUR MORTGAGE CAN
HELP YOU AVOID FORECLOSURE
Even if you don’t see yourself going through a foreclosure, review
your mortgage paperwork carefully. Many foreclosing homeowners
say they were unaware of crucial information about their mortgage.
Read all your loan documents and ask your lender any questions you
might have. Consulting an attorney isn’t a bad idea either.
3
7. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
FORECLOSURE IS A PROCESS,
NOT A SINGULAR EVENT
Average foreclosures take anywhere from two to twelve months
after your first missed mortgage payment, and you will receive many
notices and letters along the way. This long process gives you plenty
of time to take action and come up with an alternative solution. Ask
your lender about your state’s regulations so you’ll know exactly
where you are in the process and how to proceed.
4
8. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
ALWAYS READ THE FINE PRINT
ON FORECLOSURE NOTICES
It’s hard to do, but always read any foreclosure mail you receive. Find
out the legal details and timeline of your foreclosure. Understand
your state laws and how they will affect you. See if your property
has a “right of redemption” grace period in which to reverse the
foreclosure. You have to know what you’re up against to know what
to do next.
5
9. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
ALWAYS ANSWER YOUR
LENDER’S PHONE CALLS
Despite the temptation to avoid your
lender during a foreclosure, don’t! Pick up
the phone when they call, or better yet
call them first. Lenders have foreclosure
avoidance counselors who are always willing
to help you turn your situation around.
6
10. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
SELLING YOUR HOME IMMEDIATELY CAN
GET YOU OUT OF A FORECLOSURE
If you’re in the midst of a foreclosure or about to fall into one, fixing
up your home and selling it quick could be a great option for you.
Talk to your lender to see if you have a “power of sale” clause in your
mortgage. A short sale is usually better for your lender than letting
your home go into foreclosure.
7
11. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
FORECLOSURE HAS STEEP LEGAL,
TAX, AND CREDIT CONSEQUENCES
Every homeowner should know that going
through a foreclosure is going to heavily
impact credit score and ability to borrow
money in the future. Before you resign
yourself to foreclosure, make sure you
really have exhausted all your options first.
8
12. Facing Foreclosure?
9 Things You Should Know www.flagshipfinancialgroup.com
GOING THROUGH A FORECLOSURE DOES
NOT MEAN YOU CAN’T GET A VA LOAN
Foreclosing on your house is a rough trial for anyone, but you can
still buy homes in the future. And if you’re a veteran or active service
member, you can still qualify for a VA home loan just two years after
a foreclosure or bankruptcy—sometimes even sooner. Just remember
that going through a foreclosure doesn’t make you a bad person, and
it doesn’t mean you have to give up on being homeowner either.
9
13. If you anticipate a
foreclosure in the near
future, don’t give up!
Talk to your lender and
your financial advisor to
find out what options are
available to you.