Author: Joshua Berlin

Foreclosure and preforeclosure are two terms that are commonly used in the real estate industry. While these terms may sound similar, they have very different meanings and implications for both homeowners and potential buyers. What is Foreclosure? Foreclosure is the legal process that happens when a homeowner is unable to make their mortgage payments and … 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