Alternatives to Foreclosure – A Homeowner’s Worst Nightmare
July 14, 2010 by Victoria Stankard · Leave a Comment
Across the country bank foreclosures are at an all time high, with approximately 1.4 million mortgages in serious delinquency and another 1.5 million homeowners already in foreclosure. If a homeowner can’t pay the obligations of their mortgage, their property rights are basically stripped away. Foreclosure is a homeowner’s worst nightmare! Foreclosure is the legal process by which [...]
The Skinny on Short Sales Charlotte NC
January 13, 2010 by Victoria Stankard · Leave a Comment
As more and more foreclosure properties flood the market due to the economy, job loss and a decline in home prices, many sellers are looking to short sales as a way to avoid foreclosure themselves. What is a Short Sale? In a short sale transaction, the lender agrees to accept less than what is owed on [...]
Loan Modification in Lieu of Foreclosure – Charlotte North Carolina
October 27, 2009 by Victoria Stankard · 3 Comments
Due to the current state of our economy and the credit crisis spreading across the prime mortgage sector, many borrowers who were previously considered lower risks are now facing foreclosure. At the same time, properties held as collateral by the banks are continuing to lose market value. The bottom line is that foreclosure has become [...]
Foreclosure Process & Time-line Charlotte North Carolina
October 23, 2009 by Victoria Stankard · 5 Comments
Two Types of Foreclosure Procedures The foreclosure process is different in every state. Differences range from the notices that must be posted or mailed and the scheduling and notices issued regarding the auctioning of the property. There are basically two primary types of foreclosure procedures, which include judicial and non-judicial. Judicial procedures are followed by [...]
Leigh Brown, aka The Real Estate Diva, is a native of Concord NC in the Charlotte area. She grew up on a farm at the edge of Cabarrus County, still goes to the same church she grew up in (home of the world famous Mallard Creek Barbecue!), but has become a leader in area real estate through constant learning and continually upgrading technology to better serve buyer and seller clients. Leigh does indeed have a reputation as a barracuda-when it comes to protecting client interests. Her softer side is reserved for her husband and two kids who provide a constant source of joy-and entertainment
