4 Things to do if You Are Upside-Down on Your Mortgage in Maine

Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house instead of waiting out a market turnaround … Continued

How to Sell Your House in if You Owe More Than It’s Worth

Owing more than your house is worth is not a favorable position if you should need to sell, even more so if you are under pressure to sell quickly for personal or financial reasons. Often already under a great deal of stress, taking on the sale of a house can seem like an overwhelming proposition. … Continued

Is Your Mortgage Underwater? Here’s What to Do About It

When your mortgage is underwater, the amount you owe on the mortgage loan is more than the property’s current market value. So, of course, it’s best to ride out the changing real estate market and stay in the home for several years to allow equity to build. However, many motivating factors lead homeowners to sell, … Continued

How to Sell a House With No Equity in

Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in . Short Sale After attaining the approval of their lender to sell for … Continued

What Do I Need To Do To Sell My House In Maine?

You want to sell your house, and you want to get top dollar. Excellent! But “What do I need to do to sell my house in “? Here are some tips on how to get your home ready to sell if you’re looking for top dollar that the market will bear: *NOTE: These instructions are … Continued

How Do I Sell My House Without An Agent in ?

If you’re looking to sell your house or investment property in without using a real estate agent, we can help. Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle. After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain … Continued

I’m Relocating And Need To Sell My House In

Relocation is a complicated exercise in coordination. We get local home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in “.  The great thing is that we’re able to help a good many of those sellers sell their house quickly (because … Continued

Foreclosure notice of default in Maine– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a Pre-Foreclosure in ?

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 anyway? Many homeowners across America and are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a … Continued

How to Avoid Foreclosure in

While the housing market is rebounding, many people in ] are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do … Continued

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

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 , Maine? 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

How to Stay in My Home After Foreclosure in

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 Maine

Understanding the foreclosure process in Maine is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Maine 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 not fun, … Continued

Can I Sell My House in Foreclosure in ?

Do you have a Maine house that’s in foreclosure right now? Many people going through the Maine 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 sell … Continued