What is a Pre-Foreclosure in Wichita?

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

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

Kara Beaulieu from Next Home Innovators joined us to talk about foreclosure versus short sale. When a homeowner stops making mortgage payments, they have 3 to 6 months before banks start the foreclosure process. They will receive a letter in the mail saying that they have been delinquent and that the foreclosure process will start … Continued

How to Stay in My Home After Foreclosure in Wichita

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 KS

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

Can I Sell My House in Foreclosure in Wichita?

Do you have a Wichita KS house that’s in foreclosure right now? Many people going through the KS 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 … Continued