Thursday, December 22nd, 2011 at 6:47 pm
In a nutshell, The Utah short sale process involves the selling of a property for less than the amount owed to the lender(s). This essentially enables the homeowner to get out of a bad situation (i.e. foreclosure) without the need to come up with the entire mortgage balance or file for bankruptcy.
More often than not, the Utah short sale process can be implemented some time between the beginning and end of the foreclosure process in Utah. It occurs when the mortgage owing would not be covered by the purchase price, and enables a buyer to buy the property regardless of this fact. Read the rest of this entry
Thursday, October 27th, 2011 at 5:00 pm
There are a number of reasons why you may be looking to stopping your foreclosure here in Utah. Perhaps you are so far behind on your mortgage that you just don’t see any way to get back on top. Maybe you cringe every time you hear the telephone ring, fearing another uncomfortable conversation with your lender. This is an epidemic across the entire nation, and many reports have Utah sitting in the top five foreclosure states in the country. How to stop foreclosure in Utah.
Time is not on your side
Look around your neighborhood. There are bound to be other families in your exact same situation. Of course, while knowing you’re not alone may provide some sort of comfort to you. It obviously is not enough. You need to take action, and this article will address one “get out of jail-free card” that will not only be relatively kind to your credit score (compared to foreclosure), but is also extremely fast. In fact, you can end your nightmare in just a few days!
Why has it gotten so bad, anyway? Read the rest of this entry
Wednesday, October 19th, 2011 at 12:54 pm
Image via Wikipedia
It is no mystery that a foreclosure can wreak havoc on your entire life, from its devastating effects on your credit to compromised future employment and even the prevention of you getting a security clearance. These are not small consequences, as a foreclosure can have a greater negative impact than even a bankruptcy! As one of the highest foreclosing states in the nation, Utah has been hit especially hard. A Utah short sale has been rescuing “under water” homeowners from devastation, and this article will explain how.
