Blog

Real estate owned properties, or REO properties, are houses that have been seized by banks or other lenders from people who are unable to pay their mortgages. Mortgage loans are seen as an investment, because banks will earn money from the interest on the loan. So to salvage their investment, banks foreclose on homes with […]

Learning how to buy a foreclosure home is not all that different from buying any other home – but the small differences can make the difference between getting the property you really want and be left with nothing. This post will walk you through the process of buying a foreclosure for either your personal use […]

People who plan to move aren’t the only ones who put their homes up for sale. Lenders also list houses on the market. Bank-owned homes — also known as real-estate owned (REO) properties — may be worth considering as a first-time or move-up buyer. Lenders are motivated to unload these homes and are inclined to […]

You have worked hard for your money and made every attempt to be a conscientious saver. So it’s only natural that you want some control over what happens to your assets after you die. Even if you are a person of modest means, you have an estate—and several strategies to choose from to ensure your […]

Most people, thankfully, don’t need to hire a lawyer very many times in their lives. And even if you’ve gone to a lawyer for a business matter, real estate transaction, or a divorce, working with a probate lawyer is likely to be a different kind of experience. Some things are the same whenever you hire […]

A few months ago, we wrote a blog post that shared a few ways to avoid financial stress in your marriage. But what’s about your money situation after a nasty divorce? It is usually after a divorce when things get really tight, as you have suddenly gone from two incomes to one — or NONE. […]

Tax Resolution is a service intended to help taxpayers through the confused errand of settling back tax issues. Taxpayers will in general look for help once they’ve disregarded the issue so long that the IRS or state has become alert and chosen to persuasively recoup unpaid taxes. This can appear as a tax lien on […]

If your mortgage company forecloses, you may have defenses. Virginia is a non-judicial foreclosure jurisdiction, which means you must sue the mortgage company to raise these defenses. Here are the Top 5 Foreclosure Defenses in Virginia. Calculation Errors If your lender fails to credit payments that you have made then perhaps you should not be […]

Your tax return filing may not be a cause for celebration but it’s for sure is necessary. However, you may seek expert help to relieve some stress. There is nevertheless a little bit room for your involvement in tax filing preparation. This, however, is not likely to take that longer. Below is a 7-step guideline […]

Under a home equality loan or HELOC you can get a loan using equity of your home as collateral. Just consider it as a second mortgage which turns equity into cash. Before we proceed, we need to understand the following terms: Collateral guarantees a pledge to repay a debt. The lender will have control over […]