ARCHIVED BLOG POSTS
2011
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The last article outlined the Foreclosure Process in South Carolina, and one of the items briefly mentioned was the lender's collection attempts. Lenders can be rather persistant in their collection efforts. Those phone calls and letters sometimes border on harrassment, and that is where you co...
12/29/2011
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According to RealtyTrac.com, there were 4,028 foreclosure notices (default notices, foreclosure action notices or bank repossessions) in South Carolina in November. That is 1 in every 517 housing units. That is a huge jump from October, and the second consecutive major increase; October saw 3,652...
12/15/2011
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South Carolina is a mortgage state, and that means when money is borrowed to purchase a home, the borrower promises to repay the loan by signing a Promissory Note and a lien is placed on the home in the form of a Mortgage. If the borrower is unable to repay the loan, the lender is required to f...
12/14/2011