Loan modification is a term very unfamiliar to homeowners but not for very long. What most people are coming to realize is that losing their house to foreclosure is becoming a real possibility. Homeowners are feeling the crunch of higher interest rates and a slowing economy. A loan modification may be the only way [...]

By investing in properties “pre-foreclosure,” you get ahead of the crowd and possibly get a great price. The downside? You may have to walk a fine line between helping an owner and taking advantage of him.

If you live in areas such as south Florida and you bought a house within the last 5 years, then you are probably having equity issues, such as no equity or worst negative equity, which mean you are upside down and now owe more to you lender than your house is worth.  Or if you [...]