The AMI Blog

The AMI Blog

House keys

Loss Mitigation: Foreclosure vs. Short Sale vs. Deed-In-Lieu

Mortgage companies are well aware of the unfortunate circumstances that could cause a borrower to fall behind on their monthly loan payments. As a foreclosure is a very costly process for the lender, and not to mention its negative financial impact on the borrower, this is where loss mitigation comes…

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What Is a Mortgage Loan Modification & How Do You Apply for One?

There are circumstances like the loss of a job, illness, divorce, and other life-changing events which can happen to anyone, which can cause you to fall behind on your mortgage payments. Unfortunately, when you can’t make your monthly loan payments, you risk having your home go into foreclosure. The good…

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Termite damage

Selling a House with Active Termites or Past Termite Damage

Disclaimer – The information on this page is intended for general informational purposes only and not to provide legal advice. If your home has termite damage, you could have a big problem on your hands. Not only is it challenging to sell a house with a termite problem, but it…

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Foundation problems

Have Foundation Problems or Need Foundation Repair? Read This First.

Home foundation issues are scary for any homeowner as it can lead to major structural problems for your home. There are ways to repair the foundation without tearing it out and starting from scratch. However, it can be very costly. Therefore, the more you know about the different types of…

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Foreclosure and Government Guaranteed Loans

Foreclosure & Government Guaranteed Loans – What You Need to Know

For those who have difficulty obtaining a traditional mortgage, there are various options available to help secure a loan. Generally, these options help those who are unable to make a large down payment or have a lower-than-desired credit score. The additional backing takes out some of the risk involved when…

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