In this episode of The Foreclosure Fix, host DJ Olojo dives deep into what 2025 holds for homeowners facing foreclosure. Learn about the influx of inventory hitting the market, banks ramping up foreclosure processes, and how these changes will impact delinquencies. DJ shares actionable advice for navigating foreclosure, including why time is your biggest enemy and the importance of making decisive moves to protect your home or sell it strategically.

Key Takeaways:

• Banks and hedge funds are intensifying efforts to resolve delinquent accounts.
• The housing market is expected to remain relatively flat, with rent rates stabilizing.
• Homeowners need to act decisively to avoid being caught off guard by foreclosure proceedings.

Don’t miss DJ's Bow Tie Round, where he shares his best advice for foreclosure prevention, what he’s grateful for, and a wild foreclosure story you won’t believe!

As we wrap up 2024, DJ Olojo reflects on the incredible journey of The Foreclosure Fix podcast and shares exciting updates about what's ahead in 2025. For the past year and a half, this podcast has been a weekly lifeline for homeowners facing foreclosure, providing actionable tips, heartfelt encouragement, and a community of support.

In this final episode of the year, DJ discusses the renewed commitment to helping a million homeowners navigate foreclosure and explains why the podcast will shift to a bi-monthly schedule in 2025. He also shares touching stories from listeners and Realtors, emphasizing the ongoing need for guidance in challenging financial times.

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.

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.