Short Sell To Avoid Foreclosure
 (Best Offer)
This article explains the short sale process as a possible tool for avoiding foreclosure. This is a general explanation as each lender has a process unique to their company policies.

Submitted By barbaraann

Foreclosure and Loss Mitigation: Learn From Our Costly Mistakes

Aly Adair has published similar content on the Internet. Foreclosure and loss mitigation are stressful processes that millions of homeowners now face. In our experience, the federal agency that guaranteed our home loan was the only agency that helped us from losing our home in foreclosure. The mortgage lender charged us thousands of dollars in interest and penalties during loss mitigation and was unwilling to help until the loan guarantor intervened. Here are ways to learn from our costly mistakes and save your home.

Submitted By Aly Adair

Deed in Lieu of Foreclosure

The threat of foreclosure looms large in the current housing market. Though it is not possible for a defaulting borrower to escape the process with his credit entirely intact, offering the mortgagor the Deed in Lieu of Foreclosure may well salvage enough to allow for future home purchases.

Submitted By Joanne M. Friedman

The Home Ownership Accelerator Loan: Not Your Grandma's Mortgage

As lenders scramble to make borrowing more appealing to worried home buyers, new products are surfacing that might be of interest. The Home Ownership Accelerator Loan is one such debt vehicle. It is complex and a little confusing, so clarification is in order.

Submitted By Joanne M. Friedman

HOAL: How Can You Go Wrong?

The latest in a series of debt instruments geared to getting buyers into the housing market, the Home Ownership Accelerator Loan has points on both sides of the question.

Submitted By Joanne M. Friedman

The Fed, the Coming Interest Rate Cut, and What It Means for You

The Federal Reserve has been busily cutting interest rates in an attempt to stimulate the economy and avoid a recession. This article provides a look at what those actions may mean to the average homeowner.

Submitted By beconrad