Fair Market Value Of My Home

The fair market value is a price that is acceptable for both buyer and seller in simple terms. Often when the price is negotiated the buyer reaches a point where he specifies the maximum amount he is willing to pay for the property and the seller accepts the lowest agreed upon payment beyond which the sale could not exist.

Can Bankruptcy Stop Foreclosure ?

After the recent recession it has become common thing to come across bankruptcy and foreclosure cases. There are two types of bankruptcy cases that have been filed and are common. They are Chapter 7 and Chapter 13. Several people, who have lost their jobs and could not afford to keep up their payments, have filed for bankruptcy. However, the courts are concerned that many people who need not file are also filing for bankruptcy for various reasons.