Home Foreclosure
Besides divorce, going through Home Foreclosure is one of the most stressful legal proceedings a person or family can face.
Home Foreclosure is the set of legal procedures by which your mortgage lender declares their borrower in default of their home loan. The lender, usually a financial institution, will take all legal steps to take legal and constructive possession and ownership of the home. As part of the legal process, all occupants of the home, usually the homeowner and family, will face ejectment from property so that the house can be sold at auction.
Short Sales – Deed In Lieu Of Foreclosure
Learn the differences between short sale transactions and those that involve surrendering your deed in lieu of foreclosure. Learn the risks and benefits of such real estate transactions.
Different Types Of Property Deeds
There are many different types of property deeds. Different types of deeds accomplish different purposes. Nowhere is this truer than in the area of foreclosure law. Learn about grant deeds, quitclaim deeds, warranty deeds, special warranty deeds, and trust deeds.
Dealing With Your Lender In Foreclosure
Learn how to best deal with your lender. Learn whom you should talk to at the lender’s office and the best time to contact them. Learn how to conduct yourself with the lender to maximize your position. Learn about the workout process and what to realistically expect in the negotiation process.
Statewide Foreclosure Summaries
Learn the vocabulary of foreclosure law and find out about important resources that might help you manage the process. Look up the foreclosure rules in your state.
Seller Financed Lending
If you need to sell your home in today’s market, be prepared for a long and possibly expensive process. Property sellers who want to obtain their desired price and close the deal quickly should consider seller financing.
