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Is the Real Estate Market going back to the Sky?

November 25, 2013

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| Foreclosure

Hold your horses, we are not quite there yet! Here we are, market prices are going up a bit, things are climbing…but is this the beginning of a long climb back to the artificial prices we’ve encountered in 2007 and 2008? No it isn’t, we are still navigating uncertain waters and I promise you the […]

I am discharged of the debt after the foreclosure?

February 19, 2013

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| Foreclosure

Well, not always my friend….once the first mortgage holder forecloses and gets the property back at auction, sometimes, the will make they money back and will not always come after you for what you owe, but as previously discussed, the lender has the right to 1099 you for what they lost, therefore making you liable […]