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Foreclosure notice of default in OH– what is it?

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If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a Pre-Foreclosure in Newark?

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With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Newark anyway? Many homeowners across America and Newark are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

How to Avoid Foreclosure in Newark

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While the housing market is rebounding, many people in Newark] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

Short Sale vs Foreclosure – What’s the Difference in Newark?

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Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Newark, OH? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

How to Stay in My Home After Foreclosure in Newark

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A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in OH

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Understanding the foreclosure process in OH is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in OH What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Newark?

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Do you have a Newark OH house that’s in foreclosure right now? Many people going through the OH foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued

5 Things a Newark Listing Agent isn’t Going to Tell You

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If you’ve decided to sell your Newark home, stop looking for a listing agent and consider your options before making a costly mistake. Not all properties and not all sellers fit perfectly into the standard MLS listing model. Some home sellers are under pressure to carry the expenses of relocating before selling their first home. … Continued

How to Simplify the Home Selling Process in Newark

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Listing your home for sale is a process that is fraught with red-tape, not to mention time consuming and expensive. It can be overwhelming to sell your home on the market. There are so many decisions to make, and it’s difficult to understand the complicated contracts and legal forms, so it is comforting to work … Continued

How Much Your Empty House in Newark is Really Costing You

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So you have listed your home for sale on the market and already spending the profits in your imagination. But have you taken an accounting of all of the possible funds you’ll need on hand before the house ever sells? Or the potential amount the time on the market could cost? It can be expensive … Continued

A Breakdown of Fees for Homeowners Listing Their Homes in Newark

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There are far more expenses involved in listing a home in Newark than most homeowners realize. Having realistic expectations about actual listing costs allows homeowners to properly prepare financially for the outlay of funds. Regrettably not every cost is apparent and all too often homeowners find themselves in a financial pinch because they didn’t calculate … Continued