Second Mortgage

Ohio performs its foreclosures judicially.

Specifically the County Court of Common Pleas have jurisdiction for the filing of a foreclosure complaint.

Following are separate steps to the foreclosure process in Ohio:

1) Breach letter; 2) Complaint to foreclose; 3) Title Report 4) Judgment Decree; 5) Praecipe ( order of sale); 6) Appraisal by three disinterested freeholders 7) Newspaper Publication; Foreclosure Sale; 9) Motion to Confirm the Sale; 10) Confirmation Hearing; 11) Sheriff’s Deed. Read the rest of this entry »

Mobile homes provide an affordable alternative in today’s crowded and sometimes inflated real-estate market in Ohio.

Mobile home in Ohio has become very popular, especially in today’s competitive and active real-estate and mortgage market. The state of Ohio has promulgated laws for tenants living in mobile homes and this legislation is similar to the existing landlord-tenant legislation in Ohio. Read the rest of this entry »

If you tired of hearing “No!” from every mortgage lender that you approach, follow these easy steps to find a bad credit home mortgage loan in Ohio at affordable interest rates.

An Ohio bad credit home loan is issued to borrowers with damaged credit who want a mortgage loan even though they have this poor credit standings. These loans tap into the sub-prime mortgage market, and offer real estate options to those with poor or no credit histories gain the financing they need.

Some of the common causes for Ohio bad credit loan are: too many late payments or past due payments; charge offs; bankruptcy; repossessions; tax evasions; previous foreclosures and even too frequent credit enquiries. If you have any of the above credit problems don’t worry, it is advisable to look for bad credit home loan in Ohio. Read the rest of this entry »

So When Should You Refinance Your Mortgage?

American Federal Mortgage is one of the leading companies in providing in low mortgage rates. They have been offering low interest mortgage rates since 1987. They provide low mortgages in Ohio in Columbus, Cleveland, Cincinnati and other Ohio locales.

So when is the right time? There are two primary reasons to refinance a mortgage: to get a more desirable rate and terms or to extract cash from the home’s equity. Both of these reasons can of course also be fulfilled! Read the rest of this entry »