Bankruptcy vs Foreclosure Posted By : Steve Bingman

Tuesday, November 18th, 2008 @ 9:52 am | Mortgage

Bankruptcy vs Foreclosure Posted By : Steve Bingman
Some people think: “Should I file bankruptcy or just let my mortgage lender foreclose”? Basically, it is not an either/or decision.

No More Foreclosure
What If You Had Guaranteed Way To Stop Your Foreclosure in the Next Two Weeks? You can get your lender to suspend your payments for several months so you can get caught up?

Getting the Paperwork Started for a Home Purchase
Prepare ahead of time before you go house hunting. Doing your homework on the paperwork will make the closing process go well.

How Credit Rating Impacts a Mortgage Application
As everyone knows, your credit rating is one of the most important numbers that you have - it affects your ability not only to get a mortgage, but a car loan, credit card, or store credit, as well the interest rate you are given.

Self Build Mortgages
A self build mortgage differs (amongst other things) from a more traditional mortgage in that the funds are released in stages generally as the build progresses and reaches certain stages, an important point to make at this early stage is that the lender will be guided by the valuer/surveyor comments on all the stage values and not by the self builders estimates.

 

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