Tag Archives: Mortgage Defense
Deciding On The Financial Sense Of A Foreclosure
Sometimes foreclosure does not come as a surprise to some homeowners because they purposefully make a decision to walk away from their mortgage. There may be multiple reasons behind this decision, including avoiding having to repay an underwater mortgage. When deciding how to proceed, a homeowner may ask himself what the consequences of walking… Read More »
Mortgage Lender’s’ Responsibility To Be Responsive To A Struggling Homeowner
Homeowners trying to avoid foreclosure may often wonder how to approach their mortgage lender to try and negotiate and try to keep their homes, or at least avoid foreclosure and its negative consequences. Mortgage lenders may not always respond favorably, or may be slow to respond to homeowners, especially if they are not yet… Read More »
Renting Out A Property In Foreclosure
Renting out a home or a second property can be a profitable endeavor despite the risks associated with being a landlord. Property owners who make the decision to rent out their homes may do so when things are going well for them financially, or even when they are in the midst of financial troubles… Read More »
Mortgage Lenders’ Notice Requirements Before Foreclosure
When a mortgage borrower is facing foreclosure, there are certain steps the mortgage lender has to take in order to begin the foreclosure process. These steps are usually outlined in the mortgage documents a borrower signs when taking on the mortgage. In some foreclosure cases, the mortgage lenders do not follow the outlined steps,… Read More »
