What is a Pre-Foreclosure in Madison?

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

How to stay in my home after foreclosure in Madison

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 Madison Wisconsin

What is foreclosure anyway?  Understanding the Foreclosure Process in Madison Wisconsin: 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 the end of the world. When you know how foreclosure in Wisconsin works… it … Continued

Can I sell my Madison house in foreclosure?

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