What is a Pre-Foreclosure in Philadelphia?

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

Understanding the Foreclosure Process in PA/NJ

Understanding the foreclosure process in PA/NJ is an important part of navigating your own home foreclosure. Before we dive in… 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 no fun.  But just know that it’s not … Continued