What is a Pre-Foreclosure in Salt Lake City?

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 stay in my home after foreclosure in Salt Lake City

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 Utah

Understanding the Foreclosure Process in Utah

Understanding the foreclosure process in Utah is an important part of  knowing what you can or can’t do when navigating your own home foreclosure. Before we get started… What is a foreclosure and how does it effect me anyway? Foreclosure is when a Bank can take back a property due to non payment. It is the legal process … Continued

Can I sell my [market_city] house in foreclosure?

Can I sell my Salt Lake City house in foreclosure?

Do you or someone you know have a house that’s in foreclosure right now? Many people going through the foreclosure process want to get out from under that troublesome house and wonder if they can sell the house in foreclosure. The short answer: yes. A better answer is: there is more to it then you think, but usually … Continued