What is a short sale and how does it benefit you here in Fort Worth? You can sometimes avoid mortgage delinquency by the strategic use of a “short sale”. Even though in today’s market, a short sale can be tough to obtain, it frequently proves to be a less complicated approach to settle any debt […]
Tag Archives: avoid trouble paying the mortgage
What Does Forbearance Mean And Is It A Good Idea?
When you are behind payment, you might be considering forbearance but is it the right route to take? In its most basic form, forbearance is an agreement between a lender and a borrower to refrain from making regular payments as initially agreed. In real estate, a forbearance agreement would prevent a loan servicer from foreclosing […]
House Underwater: Navigating the Challenges and Exploring Solutions
Diving into the Challenges of Dealing with a House Underwater: Exploring Solutions and Options A financial contract or asset that is worth less than its theoretical value is referred to as “underwater.” The word house underwater is most usually applied to a house or other big asset with an outstanding mortgage or loan that is […]
Paying The Mortgage: Can You Avoid It?
Did you know that as a real estate investor or landlord, you can avoid the trouble of paying the mortgage? You may think it’s only the tenant who has trouble paying the mortgage, but in reality, it’s not. As a real estate investor or landlord, there may be times when it’s hard to pay the […]