If you’re a homeowner, it’s essential to understand bankruptcy and how it could affect your ability to stay in your house. If you’re facing foreclosure and need help, you might be wondering if bankruptcy is the solution.

When you’re purchasing a home or an investment property, having a clear picture of your current financial situation is vital.

No matter how you sell your home, a few things factor into the ending listing price. Read on to find out how we determine what we’re going to offer you for your house if you choose to sell to brick.

A lien is a creditor’s way of claiming a piece of your assets before selling. When a creditor puts a lien on your home, they’ll get their money before you receive any funds from the profit on your home.

A financial hardship letter is a document you submit to your lender outlining your financial difficulties. Communicating with your lender is one of the most important things you can do once you determine you’ll be more than a few days late or unable to make your payment.

The deed in lieu of foreclosure transfers the title of a house from the borrower to the lender. The lender owns the home, and the borrower gets out from under their mortgage. While a deed in lieu of foreclosure will still affect your credit report, it’s often less detrimental than a full foreclosure.