Category Archives for "Foreclosure"
All about the Connecticut foreclosure. Learn about the process and alternatives to foreclosure.
All about the Connecticut foreclosure. Learn about the process and alternatives to foreclosure.
After years of failed efforts to keep her home, and with less than 2 weeks away from her foreclosure law day, this Branford, CT homeowner reached out to me for a last minute attempt to avoid the foreclosure with a short sale.Short sales generally take 4-5 months or even longer at times so the clock […]
Continue readingHamden, CT Distress Market Report 2019Despite several years of gains in the marketplace, Hamden year to date home sales show a massive increase in the rates of foreclosed homes and short sales. After dropping down to an 8 year low of 14% of all homes sold, The current rate of distress sales is currently at […]
Continue readingFacing foreclosure can be a very stressful time, but the good news is, here in Connecticut, time is on your side! The Connecticut foreclosure process can take months or in some cases – years. As a homeowner, you have many options to avoid foreclosure. If you’ve run into financial trouble, the earlier you take action – the […]
Continue readingFacing a looming foreclosure can be a terrifying prospect, but you have options! Facing a looming foreclosure can be a terrifying prospect, but you have options! Knowing what they are and taking action is the key to resolving this situation and moving on gracefully Knowing your options and taking action quickly is the key to […]
Continue readingBeing served with a foreclosure suit can be scary and overwhelming, but don’t despair! You have time, and you have options, but applying for mediation is a must! Connecticut offers a free foreclosure mediation program!If the home being foreclosed on is your primary residence, you are likely eligible for this free program. In mediation a neutral […]
Continue readingHow long you have until you have to move out when facing foreclosure in Connecticut.Facing foreclosure can be daunting and terrifying! Many homeowners who have fallen behind wonder how long they have to remain in the home. Some even pack up and move out in anticipation, and often unnecessarily so!IF YOU HAVE JUST FALLEN BEHIND […]
Continue readingI frequently hear this question from homeowners – mostly from folks who feel they have no other options, or are simply exhausted from unsuccessful attempts at working things out with the lender. These folks mistakenly believe that simply “letting the home foreclose” is the end of their problems with their mortgage.Unfortunately, letting any CT home foreclose is […]
Continue readingA quick guide to understanding the most common types of foreclosed homes for sale:HUD: HUD homes are homes that have been foreclosed on and now belong to the U.S. Department of Housing and Urban Development – these are generally homes that were once financed via FHA, VA and USDA loan products . These homes are listed on […]
Continue readingAt least a few times a week I get an inquiry from a would-be homebuyer who has found a Connecticut house in foreclosure on Zillow or some other foreclosure site. They want to purchase the house, and they want to know how they can do it or request my help in doing so. There are a few […]
Continue readingThere is nothing quite as frustrating as trying to complete a real estate purchase where a bank is the seller…5 TIPS TO GET YOU THROUGH THE FORECLOSURE TRANSACTION:Be patient! While you as the buyer will have strict deadlines to meet and be expected to ask how high when the lender says “jump!”…don’t expect the same […]
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