Home ownership is one of the best, most reliable ways to build wealth. But for first time buyers, the process of buying a home can seem pretty intimidating. There’s no way to sugarcoat it, buying a home in Maryland is no walk in the park. But if you go into the process armed having done your homework, you can definitely make it easier on yourself.
That’s why over the next few weeks we’re going to talk about the process of buying a home, from start to finish. Our blog will serve as a general overview, but remember you can always come to us with any questions you have!
This week, we’re going to cover the first step of buying a new home, which is taking a look at the financial requirements of buying a home.
How much home can you afford?
So your foreclosure date is fast approaching and you need to take action now. Are there any options available to you? Yes. While there aren’t as many as there would be if your foreclosure date were a few months away, even with short time there are still a few things you can do to stop foreclosure in Hagerstown. Learn more in our blog.
Here are 4 options for stopping foreclosure at the last minute.
If you have a second mortgage or a judgment lien on your home and you’re facing foreclosure, you may be wondering what would happen to them if the foreclosure were to go through. You may have heard that the only the first mortgage matters, but the truth is that even though second mortgage and lien holders lose their security interest in the property, they can still come after you for the debt if they don’t receive it at the foreclosure. Learn more about what happens with second mortgages and liens in our blog.
What happens to second mortgages and liens after a foreclosure?
A deed in lieu of foreclosure is a method that some people use to avoid foreclosure. Though it can be used successfully and has its advantages, there are also a number of drawbacks that you’ll want to take into account before you move forward with a deed in lieu. In this week’s blog, we’ll talk about what exactly a deed in lieu is, and the pros and cons of using this strategy to stop foreclosure.
Should you consider a deed in lieu of foreclosure?
Are you facing foreclosure in Frederick? You’re probably wondering what options are available to you that could help you get out of this situation. The more time you have, the more options you have available to you. But even when there’s very little time left, there are still solutions available. Grays Home Solutions is one of them. But first, let’s talk about all of the options you have when facing foreclosure in Frederick.
Grays Home Solutions can help you stop foreclosure in Frederick.