Sentences with phrase «which led to a foreclosure»

Not exact matches

The bursting of the housing bubble — which entailed a collapse in home values and a flood of foreclosures — and spiking unemployment led millions of Americans to realize that their «middle - class» lives were just a paycheck or two from evaporating.

Fewer conventions were held there during the recession, and that meant less business for Strip restaurants and hotels, which led to layoffs, and in turn foreclosures.

This leads to fewer foreclosures in the building and more residents paying HOA dues which enables ongoing maintenance of the condo building.

Homeowners, though, are still responsible for expenses such as insurance and property taxes, which can lead to problems and possibly foreclosures.

Records show that Terry has been the defendant in at least five lawsuits in Nassau County Supreme Court, one of which led to a judgment for a home foreclosure and sale in 2000.

The old father and his two sons who run the ranch suddenly face foreclosure, which leads the patriarch to admit to a long - held secret about his dead wife.

Limited employment prospects force them either to relocate or to settle for a smaller wage, which simply may not be sufficient to service debts and life expenses, and may lead to foreclosure and bankruptcy.

Mortgage modification can help thousands of homeowners, although many homeowners may assume that they do not qualify and never seek out the modification of their mortgage loans, which can lead to foreclosure.

[6][7][8] Falling housing prices have led to borrowers possessing reduced equity, which is perceived as an increased risk of foreclosure in the eyes of lenders.

The loans we offer in Ajax have less common uses like stopping foreclosures or power of sale activation, which could lead to loss of property.

Create a means of resolving home foreclosure issues in a manner similar to Chapter 11, which would lead to more compromises.

Without altering the underlying behavior which led to excessive debt or financial difficulties to begin with, a home equity line of credit will only exacerbate the situation leading default and subsequent foreclosure.

Some people choose the loan to go on holiday while some rely on it to stop a foreclosure or a power of sale, both of which could lead to loss of the property.

That's a reasonable standard, especially given the loose guidelines outside the FHA loan programs which led to a significant rise in foreclosures and economic distress during the past few years.

They're government - insured loans, which means if you drop the ball and stop paying your mortgage, leading to foreclosure, the government will bail out your lender who made you the loan.

It is this disparity, as well as the potential devastating impact on families of losing their home in foreclosure, that led to the selection of this particular topic for which to offer LiveHelp assistance on the CourtHelp website.

Underinsurance leads to all sorts of bad outcomes — bankruptcies, home foreclosures, unsustainable debt — which we'll explore further in this blog.

Your lender will also be sure that they are not lending you excessive amounts, which may eventually lead to a foreclosure should you default on the mortgage.

The results have been dangerously low downpayments and exorbitant monthly mortgages — both of which could lead to foreclosures of epidemic proportions in troubled times.

This month's featured online course at the Center for REALTOR ® Development is the Short Sales and Foreclosures: What Real Estate Professionals Need to Know course, which leads to the Short Sales and Foreclosure Resource ® (SFR ®) Certification.

Buying a House in the Military is a Horrible idea — Unless you Do this Many service members have fallen into the trap of buying an over-priced house, which can lead to massive debt or foreclosure.

CFPB director Richard Cordray sees the creation of national servicing standards as a direct result of the housing meltdown, which led to obscene foreclosure levels and a dramatic increase in processing issues.

Lower mortgage rates means lower monthly payments which, in theory, leads to fewer loan defaults and foreclosures

This lifeline can keep home owners from falling into foreclosure or filing for bankruptcy to get out of their homes, which can lead to even worse problems for the state, says Vermont REALTORS ® CEO Isaac Chavez.