Facing foreclosure can be stressful and overwhelming. Foreclosure has specific processes and procedures that can be confusing if you’re unfamiliar with foreclosure, one of which is a streamlined foreclosure process. A streamlined foreclosure is a specific process that can be difficult to navigate and speeds up the foreclosure timeline. An attorney can help you work…
Going through a divorce can be stressful. Divorce can overlap with home ownership issues and create mortgage issues or lead to foreclosure if you’re not attentive to what’s going on during your divorce or separation. If you’re facing divorce, you need to understand your mortgage situation and how to avoid foreclosure, especially if you’re facing…
Having legal difficulties over the ownership or responsibility of a property can be difficult and stressful. Owning a property with others can bring unique challenges and legal proceedings. Property disputes can be stressful, especially if there’s a mortgage on the property. In some cases, a property partition lawsuit may be your best option to avoid…
A default judgment is one option available to lenders who are pursuing foreclosure. Default judgments are an accelerated foreclosure process that moves faster than traditional foreclosures. If you’re facing foreclosure, a foreclosure attorney can work with you to explain all of your options to avoid foreclosure and keep your home. Contact Joshua Denbeaux today to…
Staying on top of your mortgage payments can be difficult, especially if you’re facing unexpected financial hardships. Unexpected expenses or a loss of income could temporarily prevent you from making your mortgage payments. The idea of missing a mortgage payment can be stressful. It’s understandable that you may have questions about your risk of foreclosure…
A real estate-owned property is one potential outcome for a home in the foreclosure process. If you are facing foreclosure, your home could end up as a real estate-owned property. It’s understandable that you might have questions about real estate-owned properties and how they work. Foreclosure is a big deal. If you’re facing foreclosure on…
High interest rates have been shown to correlate with higher foreclosure rates. When mortgage interest rates are higher, the percentage of foreclosures tends to increase. Interest rates continue to increase, and so do foreclosure rates. Higher interest rates and foreclosure can cause financial difficulties for homeowners. Whether you’re a new homeowner with a higher-interest loan…
Knowing the differences between foreclosure and pre-foreclosure is extremely important if you find yourself involved in the foreclosure process. If you’re struggling to make your mortgage payments or are already in pre-foreclosure or foreclosure, it’s important that you understand your options. There are options available for homeowners to work with their lenders to avoid foreclosure….
There can be bias in any step of homeownership, and it’s always a cause for concern. Despite protections for borrowers against bias, it happens often enough you should be aware of how bias could impact you. Specifically in lending and foreclosure, there is an opportunity for lender discretion, which can become biased in a number…
Loss mitigation is one of many options that can help you avoid foreclosure. You may be able to keep your house in loss mitigation, but it’s not guaranteed. Learning more about your options can help you decide which path could help you save your home in foreclosure. In loss mitigation, you’ll work with your mortgage…