What is a Pre-Foreclosure in Dallas ?

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

Short Sale vs. Foreclosure – What’s the Difference?

Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Dallas TX? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If … Continued

What is a short sale and how does it benefit you in Dallas TX?

What is a short sale and how does it benefit you here in Dallas? If you’re thinking that question about yourself… great question! In this article we’ll dive into that question so you as a Dallas TX home owner can tell what your options are during foreclosure or just if your home mortgage is underwater. … Continued