foreclosure: Avoiding Foreclosure In Broward County - 10/14/07 07:42 PM
Have you fallen behind on your mortgage payments? Has your lender asked you to contact them?If so don't ignore the letters from your lenderGet hold of the lender as soon as possible. 1. Don't ignore the problem.
The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house. Be proactive
2. Contact your lender as soon as you realize that you have a problem.
Lenders are not looking to own your house. They have options to help borrowers through difficult financial times.  
3. Open and respond to all mail from your lender.
The first notices you … (3 comments)

foreclosure: Do’s and dont's for fending off foreclosure, Weston Florida - 09/25/07 09:15 PM

Dear Dave, I just received a notice of default letter from my mortgage lender that says my house will go to auction sale in four months. Can house still be sold by owner? -- Sue
Dear Sue,It appears that you are right in the beginning of the foreclosure process, but as long as the house is still in your name you can save it. While you need to be careful, you also need to act quickly. Four months can seem like a long time but it can go by in a flash. So let's get right down to what your options are.
7 … (0 comments)

foreclosure: Buying Forclosure Property In Broward County, Weston, Florida - 09/12/07 10:16 PM
The Deal on Fixer-Uppers
Rooted in the American dream of homeownership is the notion of transforming your newly purchased home into a better product-your own customized palace. This may be one reason why "Fixer-Uppers" seem to attract and intoxicate many buyers. A fixer-upper may mean a historic home that requires some minor repairs and updates. Or, it could mean a certified dump with no insulation, mildew in the bathrooms, and water problems in the basement. All home buyers (especially inexperienced first-time-buyers) may want to be cautious of fixer-uppers. Indeed, some fixer-uppers can be excellent bargains and wonderful homes, but a careful and … (0 comments)

 

Dave Magua

Weston, FL

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