Tag: foreclosure

Top 5 Reasons Why People Hold Onto A Property Too Long In Hattiesburg

By

Real estate remains one of the most powerful wealth-building vehicles available today. The potential returns when owning property can be substantial. However, timing matters – and knowing when to let go of an investment is just as crucial as knowing when to buy. Are you holding onto a property longer than you should? Reason 1. … Continued

5 Signs You Are Living In The Wrong House In Hattiesburg

By

Buying a home is one of life’s biggest investments. The process involves countless decisions and sometimes compromises. You’ve selected a property in Hattiesburg that checks most of your boxes, but something doesn’t feel quite right. How can you be sure you’ve made the right choice? Here are some telltale signs you might be living in … Continued

Short Sale vs Foreclosure – What’s the Difference in Hattiesburg?

By

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Hattiesburg, MS? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

What is a Pre-Foreclosure in Hattiesburg?

By

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Hattiesburg anyway? Many homeowners across America and Hattiesburg are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

How to Stay in My Home After Foreclosure in Hattiesburg

By

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in MS

By

Understanding the foreclosure process in MS is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in MS What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Can I Sell My House in Foreclosure in Hattiesburg?

By

Do you have a Hattiesburg MS house that’s in foreclosure right now? Many people going through the MS foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued