Living After Foreclosure

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Entries Tagged as 'Adjusting'

Four smart tips to take out a mortgage after foreclosure

August 28th, 2010 · No Comments

If you are a victim of foreclosure, you do not need to consider it as an endless suffering. Foreclosure does bring upon you financial disaster but it does not end your life. You can regain your financial condition, even after you have encountered a foreclosure. You can usually get a mortgage after 2 years of […]

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Do you have any friends facing foreclosure?

August 5th, 2008 · No Comments

Even though it’s hard to go more than a few days without hearing about the housing slump and foreclosures, it’s a bit of a distant concept if no one you know has faced it. Well, over the past couple of weeks we took a "love offering" at our church for one of our families.  A […]

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Losing one home is bad enough

May 14th, 2008 · No Comments

How about losing nine homes to foreclosure? Ouch. It must be harsh to go from $800k in stock options to losing that, your home, your car, and your credit rating. And having a newborn on top of that. Shawn Forgaard went in full steam to real estate hot spots, financed them with a lot of […]

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Conseco was foreclosed on

May 2nd, 2008 · 1 Comment

There will be more celebrities losing their homes. I’m sure of it. Jose Conseco lost his 7,300 square-foot home yesterday, owing about $2.5 million on it. The home currently on his plate is smaller. It’s all a matter of cash flow: trying to support more house than you can easily afford. If a person’s income […]

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Why get foreclosed on when you can “walk away?”

April 15th, 2008 · 5 Comments

If you look at the demeanor on the faces of the people over at YouWalkAway.com, you might think that getting foreclosed on is downright enjoyable.  A walk through the park with your spouse and child, as it were. It even seems a bit empowering.  You don’t get foreclosed on; you walk away.  Kind of like […]

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Tent sweet tent?

April 8th, 2008 · 1 Comment

This BBC video took me by surprise the first time I saw it: Tent City in LA I couldn’t imagine trading the security and solidness of real estate for a camper, let alone a tent.  This has got to be a rude awakening for families that have recently lost their homes.  Among the adjustments cited […]

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