Foreclosurehelpbc - foreclosurehelpbc.com - Foreclosure Help BC
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How Private Mortage Can Help 9 Mar 2013 | 06:48 am
We are all familiar with how much lending has been restricted at the bank level in recent months. How many of us have found a great deal but, for various reasons, just could not secure sufficient fina...
Getting a new loan when in Foreclosure 22 Apr 2012 | 10:07 am
If you are on the verge of losing your home to foreclosure I dare assume your credit score is far from being brilliant. It is very unlikely that you will be able to get a new conventional loan from a...
When you find yourself in a hole, stop digging 13 Jul 2011 | 04:46 am
If you have trouble paying your 1st mortgage and have some equity in your home you may be tempted to take a 2nd mortgage to fix the problem. Will Roger once said “When you find yourself in a hole, ...
An unexpected impact of failure to pay the mortgage 4 May 2011 | 05:05 pm
I have talked to a home owner today that is in foreclosure despite having paid his mortgage on time for many months now. Sometime in mid 2009 he has lost his job and was not able to pay the mortgage f...
Responding to a petition 15 Jan 2011 | 08:19 am
Once you get the petition, the first thing you will have to do is file a response to the petition (Form 67), which tells the lender that you are going to want to respond to the statements that the len...
Short Sale – It can work in Canada too!! 28 Aug 2010 | 06:24 am
Few months ago I was contacted by Phil (not his real name). Phil owned a condo in Burnaby. He had two mortgages on the property and was not paying both of them. Now the lenders were after Phil and hav...
How does foreclosure impact tenants? 6 May 2010 | 04:58 am
Received the following question from a tenant of a property in foreclosure: I’m renting an apartment in Vancouver and I’ve just received ‘petition to the court’. It seems that my landlord has not bee...
Complicated foreclosure case in the Okanagan 11 Apr 2010 | 04:31 pm
I was not going to write about this case because it is so complicated, really hard to explain. But, after I received this beautiful thank you letter yesterday I could no longer resist. This is what e...
The bank’s realtor called me today, what should I do? 18 Mar 2010 | 10:52 am
Today I have received a phone call from M. , he owns a house in the Fraser valley area. The house value is $200,000 at best and he owes about $270,000. The mortgage has not been paid for 6 months and ...
Foreclosure process has started, can I still sell my house? 23 Feb 2010 | 11:29 am
Got a phone call from a homeowner in the lower mainland this morning. He has just received a demand letter from the bank’s lawyer giving him some time to pay back his loan before they will start the f...
