What Does The Foreclosure Process Look Like in Ohio?
Many homeowners assume that foreclosure process is the literal seizing of a property after the buyer misses a few payments. It can involve that, however it’s more complex than that. Foreclosure is a process that can take months to occur and along that pathway, the...
What Are 5 Common Foreclosure Mistakes People Make?
Currently, Ohio has the third-largest foreclosure rate in the US. In Ohio, 32 percent of mortgages are approaching foreclosure. Foreclosure in Ohio is now a common occurrence and so many people here are facing the loss of their home that one in over 400 homes will be...
3 Ways Foreclosure Affects Your Credit
If you are facing foreclosure there may still be time to save your house or find an alternative to losing your home. Many people who are behind on their house payments wonder how a foreclosure will impact their credit score. The following lists three ways that...
Best Steps After Receiving a Foreclosure Letter
If you’ve received a foreclosure letter or are facing foreclosure in Ohio, there are steps you can take to defend your home during the foreclosure process. Foreclosure became a common event after the 2008 housing bubble burst. Before that, it was not an overly...
What Is A Hardship Letter?
A hardship letter is a letter or form that a homeowner produces as part of the loan modification application. This letter gets sent to the lender, usually with other supporting documentation. The letter outlines the financial picture of the borrower and shows the...
