If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued
With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Knoxville anyway? Many homeowners across America and Knoxville are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued
While the housing market is rebounding, many people in Knoxville] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued
Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Knoxville Tn? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source). If … Continued
A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued
Understanding the foreclosure process in TN is an important part of navigating your own home foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. But just know that it’s not … Continued
Do you have a Knoxville TN house that’s in foreclosure right now? Many people going through the TN foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued
The Short List: 50 Best Master-Planned Communities in the United States BY VAN SHERIDAN esidents of the master-planned communities on Where to Retire’s top 50 list speak of “a sense of belonging” and “a wonderful lifestyle change” when describing what they love about their neighborhoods. One says: “Healthwise and socially, I’ve never been better.” Profiled … Continued
You may think it’s only the tenant who has a hard time paying the mortgage, but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things you can do to avoid facing difficulty in paying your mortgage each month. Keep … Continued
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