What is a Pre-Foreclosure in Milwaukee?

With millions of homes across the country possibly going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Milwaukee anyway? Recently, many homeowners across America and Milwaukee are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending … Continued

How to Avoid Foreclosure in Milwaukee

While the housing market is rebounding, many people in Milwaukee] 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

Foreclosure notice of default in Wisconsin– 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. In Wisconsin, the lender can start the process when you are 120 … Continued

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

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 Milwaukee, Wisconsin? 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

4 Hidden Expenses Of Owning The Wrong House In Milwaukee

Purchasing a house is a huge commitment. There are a lot of factors that go into the process of finding a new one. You’ve selected a house in Milwaukee with the must-haves and might have made some compromises, but how do you know you’ve made the right choice? When you pull into your driveway, do … Continued