Foreclosure scams in Hawaii

Everything You Need to Know About Foreclosure Scams in Hawaii

Foreclosure Scams in Hawaii Real estate scams have been on the rise for the past few years. Common setups include escrow wire fraud, pressure from predatory “lenders” to refinance a mortgage, and even scammers who pose as real estate agents to show rental properties to unsuspecting renters. And while the common perception is that senior citizens are the … Continued

Sell my house foreclosure

Can I Sell My House In Foreclosure? What You Should Understand

Can I Sell My House In Foreclosure? The number of homes in foreclosure has been steadily increasing at an alarmingly rapid rate over the past few years. Homes go into foreclosure for a variety of reasons. Homeowners find themselves unable to make mortgage payments due to a sudden job loss or illness. Perhaps they were offered a … Continued

Hawaii Foreclosure

Consequences of Hawaii Foreclosures: What You Need to Know

What Could Happen? Consequences of Hawaii Foreclosures What exactly happens during foreclosure? Discover the consequences you can expect from Hawaii foreclosures. Hawaii foreclosures are predominantly judicial. That wasn’t always the case. Back in 2011, Hawaii passed a Mortgage Foreclosure Dispute Resolution Program that only applies to nonjudicial foreclosures. Under the regulation, a lender seeking nonjudicial foreclosure … Continued

Saving the Family Home: How to Avoid Foreclosure in Hawaii

Saving the Family Home: How to Avoid Foreclosure in Hawaii   Foreclosure is a stressful situation to find yourself in. Discover the tips you need for how to avoid foreclosure in Hawaii and ease that financial strain. Foreclosures are on an upward trajectory in Hawaii. A foreclosure notice is one of the most depressing news … 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 Honolulu HI? 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 Pre-Foreclosure in Honolulu?

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

How to stay in my home after foreclosure in Honolulu

A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

Understanding the Foreclosure Process in Hawaii

Understanding the foreclosure process in Hawaii 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

Can I sell my Honolulu house in foreclosure?

Do you have a Honolulu Hawaii house that’s in foreclosure right now? Many people going through the Hawaii foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued