Foreclosure notice of default in Texas– what is it?

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 Houston?

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 Houston anyway? Many homeowners across America and Houston are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

Do you owe more than your house is worth?

Do you owe more than your house is worth? If so, that means your mortgage balance is higher than the value of your house, this is known as an “upside down mortgage” or “underwater mortgage”. Many homeowners find themselves lost in a situation like this. It may seem like a hopeless situation How do you … Continued

How to Avoid Foreclosure in Houston

While the housing market is rebounding, many people in Houston] 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

How To Avoid Running Into Trouble for Houston Homeowners

You may think it’s only the tenant who has a hard time paying the mortgage, but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things you can do to avoid facing difficulty in paying your mortgage each month. Keep … Continued