Homeowner need to understand, once the foreclosure process begins it is only a matter of time before an additional lawsuit is filed against the borrower by the bank. [Read more...]
If your home is forced into foreclosure…
A bank is legally obligated to remove you from your home if you cannot meet your required mortgage payment each month. The homeowner can, at anytime, make a lump payment and a settle all past fees and outstanding payments during the foreclosure process. [Read more...]
What is a foreclosure?
What is a foreclosure? In judicial foreclosures, lending institutions will approach the borrower with a legal notice in order to collect the property and sell it. [Read more...]