Archive for May, 2009

What Are The Choices For Stopping Loan Workout

Do Nothing – The stress of facing foreclosure can push many people into burying their head. Doing nothing may not be the best choice, instead research your options, or find a source that can help you and provide solid direction. One of the options may be doing a best loan modification to save your [...]

Foreclosures and Houses With Multiple Mortgages

Buying a foreclosure is a bargain, right? If you have been looking for a house for a while, you may have thought of this as an option to get more for your money. With Canadian mortgage rates at all time lows, many people are turning away from a Toronto refinance in exchange for selling their [...]

How Foreclosure Affects the Credit Rating

If you are struggling to pay your mortgage, in spite of the current low Canadian mortgage rates, you may be wondering how foreclosure will affect your life, and what alternatives are out there. Foreclosure has a serious and long-term effect on your credit history that you should understand before it happens.
Foreclosure and Your Credit Score
Foreclosure [...]