Click Here to Order My Book, The Foreclosure Fix, Today!
Dec. 9, 2024

Overcoming Dirty Titles and Lien Challenges in Foreclosure

Overcoming Dirty Titles and Lien Challenges in Foreclosure

In this episode of The Foreclosure Fix, DJ Olojo breaks down the challenges of "dirty" titles and how multiple liens—like tax liens, judgments, and business debts—can hinder loan modifications. Discover why lenders are hesitant to approve modifications when liens stack up and what this means for homeowners.

DJ also shares insights on current loan modification rates, the importance of financial stability, and when bankruptcy might be a viable option. Plus, he covers the latest on the Corporate Transparency Act for LLC owners and explains how a surprising foreclosure case in Massachusetts highlights that even lenders can face significant losses.

5 Key Takeaways:

  1. What makes a title "dirty": Understand how tax liens, judgments, and other debts affect your ability to secure a loan modification.
  2. Lenders' perspective: Learn why lenders prioritize their own financial security when evaluating modification requests.
  3. Loan modification trends: Current modification rates hover around 9.9%, especially for junior liens.
  4. When bankruptcy may help: Explore how bankruptcy can help clear financial hurdles and pave the way to stability.
  5. Foreclosure nuances: Hear a real-life story about how lenders and lienholders can lose out too.

Don’t miss the Bow Tie Round, featuring DJ’s best advice, what he’s grateful for, and a fascinating foreclosure story that sheds light on the complexities of the process.

If you or someone you know is facing foreclosure, this episode offers the actionable insights and support needed to take back control.

New to The Foreclosure Fix?

July 8, 2024

4 Home Foreclosure Case Studies You NEED to hear!

Join DJ Olojo on The Foreclosure Fix as he delves into the intricate process of dealing with foreclosure. This episode focuses on four specific cases where individuals are facing foreclosure, offering tailored advice and prac...

Listen to the Episode
July 29, 2024

4 Types of People Facing Foreclosure You Need To Know as a Real Estat…

In this episode of The Foreclosure Fix, DJ Olojo dives into a critical topic that affects many homeowners: foreclosure. DJ explores four distinct types of people who are facing foreclosure, shedding light on their unique circ...

Listen to the Episode
Aug. 5, 2024

Home Sold for $3 Over Unpaid HOA Fees

In this episode of The Foreclosure Fix , host DJ Olojo dives into the complexities of today's foreclosure market, providing critical insights and actionable advice for homeowners facing financial challenges. With interest rat...

Listen to the Episode
Aug. 19, 2024

Mortgage Rates Are Falling—Here’s How You Can Benefit TODAY

In this timely episode of The Foreclosure Fix , DJ Olojo tackles the recent drop in mortgage rates and what it means for current and prospective homeowners. With interest rates at their lowest in years, now might be the perfe...

Listen to the Episode
Sept. 2, 2024

Is the U.S. Economy in a Recession in 2024?

In this episode of The Foreclosure Fix , your host DJ Olojo dives into the pressing question on everyone's mind—are we in a recession? With economic uncertainty and conflicting reports, it's crucial to separate fact from fict...

Listen to the Episode
Oct. 21, 2024

I Analyzed Donald Trump's Housing Plan and Here's What I Found

In this episode of The Foreclosure Fix , DJ Olojo breaks down former President Donald Trump’s housing policies and how they could impact homeowners. Trump focuses on reducing mortgage rates by tackling inflation, offering tax...

Listen to the Episode
Nov. 18, 2024

How to Overcome Foreclosure with a Resilient Mindset

In this heartfelt episode of The Foreclosure Fix , host DJ Olojo brings listeners along on a personal journey from Jamaica, where he’s celebrating his uncle’s 60th birthday. Despite the backdrop of beautiful island vibes, the...

Listen to the Episode