I Owe More on My House Than It’s Worth and I Need to Sell. Here’s What to Do Right Now.
Owe more than your house is worth? You can still sell it — here’s how a short sale works, what changed with mortgage debt taxes in 2026, and your options.
hud housing counselor
I Just Got a Notice of Default on My Mortgage. Here’s What to Do Right Now.
A Notice of Default is not foreclosure yet. Federal law limits when your servicer can act — here is the deadline clock and what actually stops it.
They Said Transferring My Deed Would Save My House From Foreclosure. It Cost People Their Homes — and They Still Owed the Debt.
Signing your deed over to a foreclosure rescue company doesn’t save your home. It transfers ownership, not the mortgage. You can lose the house and still owe the debt.
My Spouse Died and the Reverse Mortgage Company Is Foreclosing. Here’s What to Do Right Now.
Your spouse died and the reverse mortgage company is threatening foreclosure. Here’s what federal law gives you to fight back — and the exact steps to take right now.
Queens Just Had More Foreclosures Than Every Other NYC Borough Combined. Here’s What That Actually Means.
Queens had 167 foreclosures in Q1 2026 — more than Brooklyn, the Bronx, Manhattan, and Staten Island combined. What that number means for every middle-class homeowner.
Behind on Mortgage: What It Means and What to Do
Quick Answer: Mortgage default can help force loan servicers to negotiate modifications, but only one in five applications get approved and the process takes up to a year. Homeowners should have a backup plan for potential foreclosure rather than gambling on uncertain loan modifications while depleting cash reserves.“Dear Steve,I am delaying the inevitable but soon …
We Got 100% Financing On Our Home But Once the Loan Adjusts We Won’t Be Able to Afford it. – KC
Quick Answer: KC should consider strategic default since their home value dropped from $455,000 to $246,000 with an adjustable rate loan increasing in January. Bank of America won’t modify until they’re delinquent, and being $209,000 underwater with reduced income makes recovery unlikely even with modification.KC “Dear Steve,My husband and I have a 5/1 Adjustable Interest …
