Loudoun Foreclosure Options

07/28/2022

There is understandably a lot of confusion about the the real estate market right now. As certified RamseyTrusted advisors, we want to share this Dave Ramsey Real Estate Reality Check video that does a great job of explaining the current market for both prospective buyers and sellers.

The Lutkins Group is here to answer any of your questions and is happy to chat with you if you're interested in learning more about buying or selling a home in our local market.

Alright, so the real estate market has people freaking out and feeling uncertain about buying and selling a home. Maybe you're feeling the same way—and that'...

09/01/2021

Are you prepared? If not, call us to find out how we can help.

Several hundred thousand households nationwide will exit forbearance in the coming months without a plan for returning their mortgages to good standing with their lenders.

06/30/2021

Did you know... Federal officials on Monday finalized a rule intended to slow down what they fear will be a looming wave of pandemic-related foreclosures by making it easier for lenders to modify borrowers’ loan terms and by adding additional hurdles before lenders can seize homes. The Consumer Financial Protection Bureau said that around 3% of residential mortgage borrowers are now at least 4 months in arrears — the point at which most foreclosure processes are allowed to begin.

The new rule comes as around 3 percent of residential mortgage borrowers are now at least four months in arrears — the point at which most foreclosure processes are allowed to begin.

08/04/2020

Do you know what forbearance is? It can be a helpful tool if you need a break from making your mortgage payments, but it's not without consequence. Contact us if you want some help in evaluating all your options.

For homeowners who can't afford to pay their mortgage right now, forbearance may be an option. | Dollars and Sense

08/04/2020

Last week, the federal eviction moratorium expired, and this week, the federal unemployment checks are ending, leaving many who depended on these in limbo with first of the month approaching.

07/15/2020

Do you know the difference between a short sale and a foreclosure?

What is the difference between a short sale and foreclosure? They're both options for homeowners who fall behind on mortgage payments.

07/10/2020

More than 4 million homeowners missed their May mortgage payment. It is expected that this will increase in the next few months. If you are concerned, call us for a no-obligation consultation.