Have you ever wondered what happens to a property when the owner falls far behind on mortgage payments or property taxes? In Ohio, the legal system steps in, and the property often goes to a sheriff sale. A sheriff sale is a public auction where foreclosed properties are sold to the highest bidder to satisfy unpaid debts. …
Selling a home usually means handing over the keys and walking away with a profit. But what happens when you owe more on your mortgage than your house is worth? If you find yourself in this tough spot, you might feel stuck. When financial hardship strikes and you can no longer afford your payments, a short sale could …
Read more What Is a Short Sale for Sellers? A Complete Guide
Selling your home or refinancing your current loan brings up a critical question: how much do you actually owe your lender? If you simply look at your most recent mortgage statement, you might be surprised to learn that the balance shown is not enough to clear your debt. The amount required to completely satisfy your …
An explanation of how to compare two loans and decide which is right for you.