by Facing Foreclosure | Sep 24, 2020 | Blog
There are many ways to transfer a house to your child tax-free. If you are not careful, your child could have to go through probate court and the attorney fees associated with that. Let’s take a look at the pros and cons of the ways you can transfer a house to your...
by Facing Foreclosure | Sep 17, 2020 | Blog
It is normal to desire to transfer the title of your home to your children before you pass away, but there are many risks and problems associated with doing so. One thing to consider is that in TX, a legally binding agreement is set in stone once you and your children...
by Facing Foreclosure | Sep 10, 2020 | Blog
Most of us worry about paying rent at some point in our lives. With everything going on in the world today, you can hope that your landlord is understanding if you need a bit more time to come up with your rent money. If you are facing eviction in Texas, there may be...
by Facing Foreclosure | Sep 4, 2020 | Blog
One of your most financially significant assets may be your home. There are heavy tax implications when thinking about giving your home over to your children but there are ways to transfer your home to your children without tax consequences. Read on to learn about the...
by Facing Foreclosure | Aug 12, 2020 | Blog, Foreclosure Defense
A deed in lieu of foreclosure allows a homeowner to transfer their home’s title to the bank that holds the mortgage. With the deed in lieu in place, the lender can no longer foreclose on the property. The homeowner is free from financial liability and endures less...
by Facing Foreclosure | Aug 12, 2020 | Blog, Foreclosure Defense
If your home falls under the authority of a local homeowners association, also known as an HOA, they have legal rights and powers over your home and others in the neighborhood. They have the right to initiate foreclosure proceedings on your property if you have...
by Facing Foreclosure | Aug 11, 2020 | Blog, Foreclosure Defense
If you have received a notice in the mail or delivered to your home that your property is “subject to foreclosure,” or “in foreclosure,” because of unpaid taxes, there may be a possibility to stop or delay the foreclosure process and the sale of your home. How...
by Facing Foreclosure | Jul 29, 2020 | Foreclosure Defense
A loan modification is a change made to the terms of a loan or mortgage that already exists. The changes are made and determined by the lender. A loan modification is meant to help a homeowner experiencing hardship and having trouble making their mortgage payments...
by Facing Foreclosure | Jul 1, 2019 | Blog
According to the Federal Deposit Insurance, roughly 250,000 families enter into foreclosure every three months. Foreclosure is often the result of delinquent home loan payments or delinquent property taxes. In the event of a bank foreclosure or a property tax...
by Facing Foreclosure | Jun 28, 2019 | Blog
Loss Mitigation is the process used by mortgage lenders to work with homeowners who are delinquent on their home loans. Through the loss mitigation process, a lender may modify the terms of a home loan, allowing the homeowner to sell the property for less than is...
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