Author: cashresolved

Whether you found yourself overpaying in a heated bidding war, have fallen behind on your mortgage payments, or are dealing with a drop in property values, being upside-down on your mortgage—owing more than your home’s current market value—puts you in a challenging position. This situation becomes even more pressing if you need to sell your … Continued

Halting the foreclosure process of your home in Florida can be a challenging endeavor, but it’s far from impossible. Navigating the complexities of dealing with banks, negotiating terms, and managing the stress of an impending foreclosure can feel overwhelming. Fortunately, there are numerous options available to you. Foreclosure is more common than you might think, … Continued

Finding yourself in a situation where you owe more on your house than it is currently worth can be particularly challenging, especially if you need to sell the property quickly due to personal or financial pressures. The stress of managing a house sale under these conditions can feel overwhelming. However, gaining a clear understanding of … Continued

When it comes to selling a home, the process typically falls into one of three primary categories: traditional sales, short sales, and foreclosures. Each of these methods has its own set of advantages and disadvantages, particularly from a buyer’s perspective. Generally, short sales and foreclosures are more affordable options, but this lower cost often comes … Continued

The mechanisms of foreclosure operate at a sluggish pace, offering ample opportunity to alter course and salvage one’s future. Unfortunately, the repercussions of foreclosure can linger for years, leaving lives profoundly affected, often because homeowners were unaware of the full extent of the consequences and failed to take preventive action. Regardless of the circumstances leading … Continued

If you’re concerned that your property might enter foreclosure due to unexpected challenges, the optimal strategy is to work proactively with your lender to find a resolution before the situation worsens. However, navigating the foreclosure process can be less daunting when homeowners have a comprehensive understanding of the steps involved. By gaining this knowledge, you … Continued

When you file for bankruptcy while owning a home, your property becomes part of the bankruptcy estate, which includes all your assets. In October 2022, Chapter 13 bankruptcy filings saw a 27% increase compared to the previous year. This rise in bankruptcies, which spans all chapters, reflects a 7% overall increase, mirroring the 7% inflation … Continued

Foreclosure and preforeclosure are frequently encountered terms within the realm of real estate. Despite their apparent similarity, each carries distinct connotations and repercussions for homeowners and prospective purchasers alike. Understanding these disparities is pivotal for navigating the complexities of the housing market. What is Foreclosure? Foreclosure represents a legal course of action taken when a … Continued

The escalating trend of foreclosures across America is no hidden reality. This surge in foreclosure rates can cast ripples across the real estate landscape of Florida, influencing various facets of the housing market. Real estate, by its nature, is prone to fluctuations, driven by a myriad of factors including market prices, regulatory shifts, and the … Continued