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Posts Tagged ‘avoid foreclosure’
Recently, Monique had the following question about an Eviction Process:
“I have six months not paying my mortgage, and I am worried about it. My question is if the sheriff can take me out with my family anytime now?”
Answer: It will depend in your state. Some states are under a Judicial foreclosure and others under a Non-Judicial foreclosure system. You may want to understand the Foreclosure Process and the Eviction Laws of your state. Look at foreclosurelaw.org
First of all, check the following points that are very common in a FORECLOSURE PROCESS for many states, although every state use to change the…
Eviction Notice: Everything You Need To Know
In: Mortgage
9 Oct 2009The Eviction Laws can be misunderstood by many homeowners and an Eviction Process can be really intimidating for many home owners in default. I received recently, a question from a homeowner in stress:
“If you live in a house and are losing it , have been living in it for 6 months paying no mortgage, will they just show up at our door and say ok you have to leave? or will we get some kind of 30 notice to leave?”
My response was: Nobody can take out you from your home if they dont have an EVICTION NOTICE FROM…
During this financial crisis a great many people are finding it difficult to keep up their mortgage payments. For many because they do not know what they can do to avoid this situation they end up actually losing their home. However, in this article we offer a few tips that could prove useful on how to avoid foreclosure so allowing you to remain in your home.
Tip 1 - As soon as you know you will have problems in being able to keep up with your mortgage payments you shouldn’t just try and ignore the situation. It is much…
3 Tips To Help Save Your Home On How To Avoid Foreclosure
In: Mortgage
29 Sep 2009With the current financial crisis many people are faced with difficulties in paying their mortgage. For many if they don’t know what to do to avoid this situation it will result in them losing their home. However, below we offer a few tips that could help you to know how to avoid foreclosure on your home.
Tip 1 - As soon as you know you will have problems in being able to keep up with your mortgage payments you shouldn’t just try and ignore the situation. It is much better if you contact the lender immediately and inform them…
Obama Foreclosure Rescue Program Summary
In: Mortgage
29 Mar 2009The multitude of recent news reports out of Washington results in a lot of questions concerning President Obamas plan to reduce foreclosures. I will attempt to minimize this confusion by briefly explaining the highlights of Obamas plan. The government estimates that this plan will assist up to nine million distressed homeowners. As the Mortgage Bankers Association indicates that there are about 51 million first mortgages in the US, this means about 18 percent may qualify for this program which was launched in March, 2009. This is a summary of a very detailed program which you can learn more…
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