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”. Despite the fact that in today’s market a short sale can be tough to obtain, it frequently proves to be a less complicated approach to settle […]
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 Is Underwater – What Does It Mean And What Not To Do
What does it mean when your house is underwater? A financial contract or asset that is worth less than its theoretical value is referred to as “underwater.” The word is most usually applied to a house or other big asset with an outstanding mortgage or loan that is more than the item’s value. Nothing is […]
What to Do If You Can’t Pay Your Mortgage in Fort Worth
Some things are beyond your control and that includes being able to pay your mortgage in time. You may be facing foreclosure if you’re unable to pay your mortgage. A mortgage or deed of trust contract gives the lender the right to utilize the property as collateral if the borrower fails to comply with the […]
Avoid Trouble Paying The Mortgage for Fort Worth Homeowners
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 […]