Going through a foreclosure can be extremely overwhelming. There are so many specific timelines and small details that need to be considered, including new terms you may not know. You may be asking what a lis pendens is and what it means if you’re facing foreclosure. If you’ve never dealt with foreclosure before, it can…
Going through a foreclosure can be a terrifying and stressful time for homeowners. Unfortunately, there are people who try to take advantage of this vulnerable position through foreclosure scams.
Inheriting a property can bring a lot of baggage that you might be unprepared to deal with. You could unknowingly inherit a property that has a large mortgage or is at risk of foreclosure. You have options if there’s a mortgage or foreclosure as the heir to the property. Depending on what you want to…
Declaring bankruptcy to avoid foreclosure is a popular topic, but you should be wary of it. Bankruptcy is a legal process involving your debt that can have a lot of long-term negative consequences. If you’re looking to find out if bankruptcy will stop foreclosure, you may want to consider all of your options before you decide to file for bankruptcy.
Mortgage forbearance is an agreement between you and your lender in which you agree to temporarily pause your mortgage payments. Depending on the factors of your specific agreement, your mortgage forbearance could include a variety of terms.
A mortgage forbearance is a short-term mortgage relief agreement between a homeowner and a lender. During a forbearance agreement, mortgage payments are reduced or suspended for a set period of time.
Mortgage servicer changes occur more often than you may think. If you have a mortgage, this could happen to you at any point throughout the life of your loan. After a mortgage servicer change, issues with loan payments are more common than they should be. There are a variety of causes for issues in mortgage…
No one should have to worry about not being able to keep their home. If you’re concerned that you might be heading towards foreclosure, or if you have already received a Notice of Intent (NOI) to foreclose letter, there may still be steps you can take to stop or avoid foreclosure.
A common question we get is, “can a foreclosure lawyer stop foreclosure?” The short answer is yes, a lawyer may be able to stop foreclosure, but it depends on the situation. Working with a foreclosure lawyer to help you throughout the foreclosure process brings a wealth of knowledge to help you in your case.
A short sale is an option you can explore to potentially avoid foreclosure, but depending on your situation, it may not be the best option.