John N asked:


I am trying to buy a home for my family, so I found the local foreclosure listings, but I don’t know what the statuses mean. They are: settled, purchased, reinstated, bankrupt, canceled, closed, and redeemed. Please send me a message if you would like more info or a link to help me out. Thanks!

Kansieo.com

Jordan asked:


Looking for a way to find out what foreclosure attorneys/lawyers banks use and in what state. Can anyone direct me to a good resource for this? Thanks in advance!
In response to the first question:

I understand the parameters of client confidentiality, but the banks are legally allowed to list the law firms they use. So, couldn’t there be a resource that revealed those listings from the banks?

foreclosure

David L asked:


I like many people have a home I can not afford. I am thinking of doing a deed in lieu of forclosure instead of an actual foreclosure. How will this effect my credit?

Caffeinated Content
Mr Clean asked:


What happens when your home goes into foreclosure and they don’t sell it for the amount of the note? Are the borrowers still responsible for the balance of the note?

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