Tag: how to sell a house in a foreclosure market

The Ins and Outs of Short Sales in New Orleans

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Last week we wrote an article about navigating the foreclosure process in New Orleans. Understanding alternative options to foreclosure is crucial. A short sale is an arrangement that can offer relief and benefits for both sellers and lenders. In this article, we’ll delve into what a short sale is, the benefits it can provide to … Continued

Navigating Foreclosure in New Orleans: The Process and the Wisdom of Selling Early

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The prospect of foreclosure can be daunting for homeowners in the New Orleans area. Understanding the process is important for making informed decisions. In this article, we’ll look into the foreclosure process in the city and explore why selling your house before reaching foreclosure might be a better option. Understanding Foreclosure in New Orleans Foreclosure … Continued

5 Tips To Get Out Of Your Mortgage in New Orleans

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People will often buy a house only to have their needs change as the years go by. Paying a mortgage on an unwanted house can be incredibly stressful and frustrating. In this post, we offer 5 tips to get out of your mortgage in New Orleans so you can move on with your life!  Paying … Continued

What do homeowners / buyers need to know about ‘zombie mortgages’

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Zombie mortgages, also known as “zombie properties” or “zombie foreclosures,” refer to properties where homeowners have abandoned the property or stopped making mortgage payments, but the foreclosure process has not been completed by the lender. Zombie mortgages occur when homeowners move out of their properties, assuming that the foreclosure process will resolve their mortgage debt, … Continued

4 Ways To Avoid Foreclosure In New Orleans

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Wikipedia defines foreclosure as a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. If foreclosure is looming over you like a black cloud on a sunny day, don’t ignore the rain. Open … Continued