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How Does a Short Sale Affect Your Credit as Opposed to a Short Sale or Late Payments?

26. January 2010

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No matter what you do, if you are in a situation where you are not able to pay your mortgage on time there will be dire consequences when it comes to your credit. It is unfortunate and the situation is extremely stressful, however the sooner you bring yourself to the reality of the situation, the sooner [...]

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How Does A Foreclosure Affect A Co-Signer?

26. January 2010

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With foreclosure rates soaring in America, you may find yourself in the position of wondering how foreclosure affects co-signers. The truth is foreclosure affects co-signers just as much as it affects the borrower. Even late payments made by the borrower will count against the co-signer of a loan and count against their credit. Hector Milla Editor of [...]

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How Does A Foreclosure On A Home In NC Work?

26. January 2010

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Foreclosure is a term that no one wants to here. However, those who default on deeds of trusts or mortgages are all too familiar with the term. With little aide available from mortgage companies, foreclosure to many mean the beginning of the end of a long, tough road. Natalia Osorio Editor of the “Stop Foreclosure Loans” website [...]

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