Homeowners who are in danger of losing their homes through judicial foreclosure should not forget about the equity that always exists in a mortgaged property represented by the sum of the mortgage payments that the mortgagor no longer makes while the property is in foreclosure (and for several months before and after). This is so even if the property is worth less than the amount owed to the bank. The total amount of these monthly payments to be saved can be considerable, depending on (i …

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Category News | Tags: Tags: Judicial Foreclosure, Mortgage Payments, Property Foreclosure,

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Brick Smith, a Real Estate Broker, with Joyner Fine Properties in central Virginia offers his 2 best buys currently available for Bank Owned Properties in the greater Richmond VA area. A new episode is posted every Friday.

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Category Education | Tags: Tags: Bank Owned Properties, Brick, Central Virginia, Richmond Va Area,

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