Tag Archives | foreclosure

Short Sale vs Foreclosure – What’s the Difference in Dayton?

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 Dayton, Ohio? 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 you stop […]

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How to Stay in My Home After Foreclosure in Dayton

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 […]

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Understanding the Foreclosure Process in Ohio

Understanding the foreclosure process in Ohio is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Ohio 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. […]

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Can I Sell My House in Foreclosure in Dayton?

Do you have a Dayton Ohio house that’s in foreclosure right now? Many people going through the Ohio 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 […]

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