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Professor Advises Underwater Homeowners To Walk Away From Mortgages

Professor Advises Underwater Homeowners To Walk Away From Mortgages

LA Times:
Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. Don’t think you’re doing something morally wrong.
That’s the incendiary core message of a new academic paper by Brent T. White, a University of Arizona law school professor, [...]

March 9 2010 | Posted in Featured, Foreclosure | Read More »

Foreclosure Know Your Rights

Foreclosure Know Your Rights

Dealing with Foreclosure Know Your Rights, Keep Your House., By John Paytten.
Foreclosure. Nothing is more frightening as a home owner then the feelings of helplessness associated with the prospect of losing your home. Stop feeling helpless. Feel frightened, feel frustrated, feel cheated, but never feel helpless. You can act to stop the process.
As soon as [...]

January 24 2010 | Posted in Featured, Foreclosure | Read More »

What A Foreclosure Eviction Is By Itself

What A Foreclosure Eviction Is By Itself

What A Foreclosure Eviction Is By Itself., You need to anticipate an eviction if your house is sold due to a foreclosure sale. There is no difference if the sale is by auction, or by a trustee’s sale, the eviction is the legal process by which a property owner physically removes a trespasser.
Evictions for renters [...]

January 18 2010 | Posted in Foreclosure Process | Read More »