Author: Joshua Berlin

If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. Bankruptcy filings were a rather low occurrence during the COVID-19 pandemic, but now they are on the rise. In December of 2023, there was a twenty-seven percent increase in chapter 13 bankruptcy … Continued

Owing more to the bank than your house is worth can be a difficult position to be in if you need to sell, especially if you are under pressure to sell fast for personal or financial reasons. Thankfully, there are options to sell your house in Alabama if you owe more than it’s worth. Understanding … Continued

Home sales usually fall into one of three main categories: traditional sales, short sales, and foreclosures. For buyers, each has pros and cons, though generally speaking the cheaper properties can be bought with short sales and foreclosures. But if you’re a buyer, you need to keep in mind that these properties are usually cheaper for … Continued

If you’re concerned about your property going into foreclosure due to circumstances beyond your control, a good option would be to work with your lender or bank for a resolution before things go any further. However, going through the foreclosure process can be made much easier when homeowners understand what lies ahead. Below you will … Continued

Unfortunately foreclosure rates in Alabama are on the rise. This can affect the real estate market in all many ways. It is widely understood that the housing market has always been a volatile industry. Market value fluctuations, ever-changing government regulations, massive increases and decreases in interest rates and unforeseeable economic conditions, can make it very … Continued

Facing foreclosure can be an extremely stressful experience for any homeowner located in Alabama. Not only does it mean the loss of a home, but it can also have a significant impact on one’s credit score, financial future, and the stressfulness of life. Fortunately, there are options available for homeowners facing foreclosure, including working with … Continued

Foreclosure can be a slow and intimidating process, but fortunately there is plenty of opportunity to steer the foreclosure in a direction that salvages your future. Sadly, foreclosure is entirely avoidable, yet many people often damage years of their lives because they simply weren’t fully informed of the consequences and took no action to prevent … Continued