Reverse Mortgage Foreclosure

How Should You Handle a Foreclosure on a Reverse Mortgage?

When a loved one passes away leaving a house behind, the heirs left with the home may be surprised to find out there is a reverse mortgage lien on the property.  When Elizabeth Erickson’s mother passed away in 2012, she left a family home full of memories behind. The plan was to sell the home … Continued

Sell a House with a Tax Lien

Can I Sell My House if There is a Tax Lien on It?

In order to sell your house, it must be free of all liens so you can present clear title to the purchaser. If you owe taxes on your property, such as back taxes to the IRS, the sale of your house could be potentially held up. An IRS tax lien is a statutory lien and … Continued

Deed in Lieu of Foreclosure

Understanding a Deed in Lieu of Foreclosure

It is easy for anyone to find themselves in financial distress which results in a lot of stress. Various factors contribute to a financial crisis including medical debt, loss of a job, death, divorce, or a necessary and rushed relocation.  Unfortunately, when you own a home, financial distress can include the possibility of finding yourself … Continued

Is it time to sell your home?

Is it Time to Sell Your Home in Massachusetts?

It’s not unusual, at one time or another, for a homeowner to wonder if they should sell their home or not. It is a common question on a lot of people’s minds and there are a multitude of reasons as to why it may be time to sell your home in Massachusetts. We have compiled … Continued

Second Mortgage Foreclosure

Will My Second Mortgage Lender File Foreclosure?

First, Let’s Define a Second Mortgage A second mortgage is a lien on your home. Just as the first mortgage holds a lien, a second mortgagor will do the same. Often, buyers will take out two mortgages simultaneously to purchase real estate. A second mortgage is a loan just like your first mortgage. They essential … Continued

Foreclosure Impact on Credit Score

Will Foreclosure Affect My Credit Score?

Of course, the best idea is to avoid foreclosure, however, if foreclosure is where you are headed, you may be wondering how it will affect your credit score. Unfortunately, we don’t have the greatest news for you.  When you are ready to move on and purchase another home, your foreclosure will show up on your … Continued

Avoid Home Renovation Mistakes

Avoid These Renovation Mistakes: Selling Your Home Fast in Massachusetts

When you plan to sell your home, it is ideal to complete the necessary repairs and upgrades so you can ensure the best outcome, including a fast sale and an ideal offer.  Unfortunately, often, homeowners believe if they spend the extra money on expensive upgrades and renovations, they will receive a higher return on their … Continued

Get the Best Cash Deal for Your Home

Selling Your Home? Make Sure You’re Getting a Good Deal

Cash offers are uniquely different from a traditional mortgage-backed offer. Selling your home for cash up front is not like selling through a Realtor where more often than not, the buyer interested in your home is seeking a mortgage and the offer will be close to your asking price. Cash offers are usually for less … Continued