Avoiding Foreclosure

Whether you’re afraid someone will judge you for being unqualified, or you just can’t admit to yourself that you don’t have enough resources, asking questions on various issues can be hard, and sometimes embarrassing! In real estate industry, count on the fact that loan officers have the answer to all uncomfortable mortgage questions home buyers are […]

In every industry, there are always technical terminologies and special words or expressions that are used which are difficult for others to understand.  In a real estate industry, talking money and investment with property owners, agents, or even other real estate investors need a minimum understanding of the most important terms in this business. Though […]

Failing to make your home mortgage re-payments may result in the foreclosure of your property or home.  It is a legal means that your lender can use to repossess (take over) your home. When this happens, you must move out of your house. If your property is worth less than the total amount you owe […]

Closing houses or properties of certain individuals who are not able to pay their mortgage are called Foreclosures.  It takes an average of 8 months in Ohio to foreclose on a property, roughly six months longer than the national average, according to real estate data firm RealtyTrac Inc. This article would discuss issues on foreclosure […]

The process of repossessing your home by a lender is known as foreclosure.  By law, signing a mortgage means that you’ve agreed to pay the lender back, in full, for the loan, and you’ve agreed to do it according to their terms.  When you stop making payments, you’ve essentially breached that contract.  As a result, […]

Knowing where to find foreclosure listings is a surefire way to get yourself a bargain home. We’ve compiled a list of ways to find auctioned or foreclosed homes the legitimate way. Legal Options: Where to Find Foreclosure Listings in Cleveland Ohio: Newspapers Although we are in a modern era of communication and technology, newspapers are […]

Previously, in Part 1 of the “How to Save Your House from Foreclosure – The Equity in Your Home” series, we explained how to take advantage of your home equity and use it to bring any outstanding mortgage loan balances up to date and prevent foreclosure. In today’s post, we’ll focus on the two types of home […]

Today’s blog focuses on how to save your house from foreclosure. Should you take out a second mortgage in order to tap into your home equity? Or would you be setting yourself up for failure? These are questions to ask your trusted real estate advisor. Most major lenders have reported an increase in home equity […]

After putting in years of hard work and dedication into ensuring that you are making mortgage payments on your home on time, there is nothing worse than being in a situation where you fall behind and risk losing what you have worked so hard for. Losing your home is devastating, but actually losing your home […]

CPD Homes, LLC is a professional real estate solutions firm that buy and sell properties throughout the Greater Cleveland, OH and Tampa Bay, FL areas. We buy and sell homes in any condition. We handle renovations and resale to new homeowners. Since its inception in 2012, CPD Homes has passionately pursued the goal of helping […]

Foreclosure can happen to homeowners who miss their mortgage payments consecutively. Folks fall behind on their home payments for a number of reasons ranging from a loss of job to health setbacks to divorce. In accordance to foreclosure law, lenders can complete an eviction and auction off the house. The auction price is usually a […]

In times of financial distress, which of the two- foreclosure or bankruptcy- have a  lesser negative impact in the long term? Let’s exame the two processess and compare the different legal proceedings, objectives, and results. First, let’s define the terms. Foreclosure is a legal process in which a lender attempts to recover the balance of […]

To sell your house the conventional way, you need to prepare the home to make it appealing and get it ready for listing on the MLS (multiple listing service). This process can be time-consuming and costly. It requires upfront money and some effort on your part. Selling a house is not always easy, especially if […]

Winter is considered to be the hardest time of the year to sell a house fast; it can be a tricky time to find potential buyers. Factors like the holidays, family gatherings and the New Year can be a distraction for buyers. Not to mention, many homeowners will prefer to view homes when the weather […]

What happens in foreclosure is not always an enjoyable experience. For the people involved in this situation, an emotional and financial nightmare may have been lurking around for some time. Preventing foreclosure should be taken seriously to avoid the negative consequences that one may suffer for many fiscal years. While a foreclosure is being processed, […]