Foreclosure notice of default in PA– 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 Lehigh Valley?

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

How to Avoid Foreclosure in Lehigh Valley

While the housing market is rebounding, many people in Lehigh Valley] 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 … Continued

Short Sale vs Foreclosure – What’s the Difference in Lehigh Valley?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Lehigh Valley, PA? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you … Continued

2020 Real Estate Market Predictions

According to 2020 Real Estate Market Predictions, if you’re considering selling your house, this could be another solid year in the Lehigh Valley, PA area and NJ for residential home sales. With growing housing demands and a limited supply of inventory, prices will continue to appreciate, while mortgage rates are projected to remain under 4%. … Continued

How to Stay in My Home After Foreclosure in Lehigh Valley

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in PA and NJ

Understanding the foreclosure process in PA and NJ is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in PA and NJ What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure … Continued

What To Do With Your Unwanted Inherited Property in Lehigh Valley and NJ

A very popular item that is inherited and frequently unwanted is real estate property. When family members or close friends pass on, they will their property holdings to their next of kin or people who meant a lot to them. This leaves you, the recipient, responsible for property upkeep, possible landlord duties, property taxes and … Continued

Can I Sell My House While in Foreclosure in Lehigh Valley, PA?

Do you have a house in the Lehigh Valley, PA area or New Jersey that’s in foreclosure right now? Many people going through the PA and NJ foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: … Continued