• Foreclosure is an absolute last resort | You have other options

    Are you buried under personal debt – and a mortgage you can’t pay? Do you need to move out of your home quickly because of urgent personal issues, like job relocation, divorce, or – tragically – a death in the family? Do you have a home that’s in such poor condition it’s impossible to sell […]

  • Know all of the costs involved in selling your home

    A Guide to the Realities of Selling Your Home What you need to know about the real cost of selling a home At GWG Properties, we believe that knowledge is power, and the more you know about the reality of real estate – and the real cost of selling a home financially, emotionally, psychologically, and […]

  • When I Miss a Mortgage Payment, Should I Call My Bank?

    How will communicating with my mortgage lender help my situation? We can’t say it enough – if you miss a payment – pick up the phone and talk with someone at your lending institution as soon as possible. People often wait until they’ve missed 2, 3 or more payments, paralyzed with anxiety, hoping their situation […]

  • Help, I’m In Danger of Foreclosure!

    Is there any way to renegotiate my mortgage payment? And should I?  Back before the housing market’s bubble imploded, losing a home to foreclosure wasn’t the common occurrence it’s become, and banks didn’t care much for renegotiating mortgages, because they didn’t have to. But times have changed. In the past few years, lenders and banks […]

  • What Happens if I Miss One Mortgage Payment?

    What if I miss 2, 3 or more payments? When am I in danger of foreclosure? Missing a mortgage payment isn’t going to happen if you’re faced with a car repair bill, or a new pair of glasses. Most money problems that a homeowner has to deal with can be absorbed without their train jumping […]

  • I Just Missed My First Mortgage Payment – What Do I Do Now? 

    Your mortgage payment is due by the 1st of the month – and it’s the 3rd – you missed your payment date for the first time since you bought your home – what do you do? If you’ve missed a mortgage payment – here’s the WORST thing you can do: NOTHING. Don’t call. Don’t respond. […]