Category Archives: General
Legal action against homeowners uneven, varied
Readers of this blog should already realize that every case involving debt, bankruptcy and/or foreclosure is different. However, too many people still make the mistake of thinking that if their situation is similar to someone else’s, their outcome will be similar as well. That can be a costly misconception. For example, people who lose… Read More »
Qualifying for a short sale: what you need to know
Facing the possibility of losing a home in foreclosure can be a devastating blow to any homeowner. However, it is not one that typically comes as a surprise to anyone considering the fact that it comes on the heels of multiple missed mortgage payments. With this in mind, homeowners should know that there are… Read More »
Will I have to leave my home immediately after foreclosure?
Hearing the term “foreclosure” can send any homeowner into a panic. Indeed, the legal process of foreclosure is a serious one and should be taken as such by anyone who is at risk of foreclosure or has been notified that a foreclosure claim has been filed. However, it is important to understand that you… Read More »
Avoiding foreclosure by working with lenders
Homeowners across Florida can find themselves at risk of losing their home in foreclosure if they are facing financial troubles. Keeping up with mortgage payments can fall by the wayside when a person is dealing with divorce, serious medical issues or the loss of a job. However, foreclosure is not inevitable. There are ways… Read More »
What does acceleration mean for my mortgage payments?
Owning a home is something that people work very hard for. It takes a lot of time, energy and money to purchase a home, and the work doesn’t stop there. Once you own a home, it is up to you to maintain that home and take care of it. You will also be responsible… Read More »
Facing foreclosure? The clock is ticking
The threat of losing a home in foreclosure is something that homeowners all across Florida have faced in recent years. On top of the many other financial issues that often come with foreclosure, the chance that you could lose your home can be enough to overwhelm any person. Too many people in this situation… Read More »
Do not ignore mail about your mortgage
As most families in Florida know, buying a property can be expensive and most people cannot afford to pay the entire sum upfront. As a result, many choose to take out a mortgage, spreading the cost over several years. In certain cases, people may also mortgage or remortgage their homes in order to cover… Read More »
Know the terms of your mortgage
Throughout Florida, there are many families struggling with debt. For some this comes in the form of loans or credit card bills. Others fight to keep up with mortgage payments. Many even have a combination of these debts to contend with. All of this can quickly become overwhelming, and it is hard to know… Read More »
Can foreclosure be avoided?
Many families in Florida have faced debt problems at some point, however minor. Sometimes things get out of hand and expenses mount up faster than you can afford to handle them. Before you know it, you could be buried in debt with the total sum constantly growing thanks to the associated interest rates. Next,… Read More »
There may be a way to escape foreclosure
As most residents of Florida will agree, one of the scariest things about getting into extreme debt is the risk of losing your home. This process, through which a lender repossesses a property in order to cover a debt is known as foreclosure. However, it is not even guaranteed to clear the amount owed…. Read More »