In the event that you are faced with financial hardship and the decision to lose your home through a foreclosure or short sale or bankruptcy – you need to speak to a qualified Real Estate Attorney
Real Estate Foreclosure
Banks have put foreclosures on hold due to a document controversy. What does this mean for buyers? What if you have already bought a foreclosed home? Read about some of the issues of buying a foreclosed home.
Loss mitigation is the process or procedure that your lender will use to minimize their financial loss in the event that your mortgage goes into default. Learn more about loss mitigation.
Learn the definition of what is a short refinance or short refi. Short Refi is one of the latest mortgage options that lenders have in helping homeowners stop foreclosure or prevent foreclosure.
Credit scores go down with a late payment on your mortgage or any reportable credit account. Foreclosure will drop credit scores up to 300 points depending on your credit report.
Learn about what you should get expert opinion and advice about during a short sale of your home. Get legal real estate attorney help and tax professional help during the short sale process.
Learn that mortgage companies do not want to foreclose, rather they want to work out your past due mortgage payments. Learn what to say to your lender to get them to work with you.
List of foreclosure options or options to foreclosure if you have gotten behind on your mortgage payments. What foreclosure route you take will make a huge difference on your credit and financial recovery.