A bank foreclosing on a homeowner behind on their mortgage payments may face a long, expensive legal process to get the homeowner out of the property. To avoid the time and cost of pursuing eviction proceedings, many lenders have been turning to ”cash for keys” agreements. What Is a Cash for Keys…
Category: Foreclosure Defense
ATTOM recently released their “Vacant Property and Zombie Foreclosure Report for Q2,” which showed that 1.3 million residential properties throughout the country are vacant. To put that in perspective, that represents 1.3 percent of all homes in the United States, with one in 76 homes sitting empty. If you are…
Throughout the country, foreclosure activity has increased by 11 percent since the beginning of 2022. California was the state with the most amount of foreclosures, but Florida had the second-highest amount of foreclosure starts. While California has seen 1,868 foreclosure starts, in Florida there have been 1,527. According to a…
The foreclosure process in Florida is a long and arduous one. Most people who go through foreclosure have never experienced the process before and so, it is confusing as well. If you have received a notice of default, or you are just behind on your mortgage payments, you likely have…
If you have missed some mortgage payments, you are probably worried about the possibility of foreclosure. Some people simply give up at this point, but many more start thinking of ways they can keep their homes. One of the first options that sometimes comes to mind is bankruptcy. In some…
Foreclosure in Florida entails many different steps. Two of the most important the lender must take are issuing the notice of default and notice of trustee sale. It is normal to feel trapped or helpless when you receive a notice of default from your lender. It is important that you…
If you have missed several mortgage payments, you may have started thinking about the possibility that your lender will foreclose on your home. Too many homeowners make the mistake of thinking the situation is hopeless. Instead of talking to a Fort Lauderdale foreclosure defense lawyer, they start preparing to move….
Whether your lender has informed you they are going to foreclose on your home, or you are just behind on mortgage payments, you are likely very concerned about the future of your home. It is true that after you miss a few payments, usually about four, your lender may start…
It’s often said, the greater the risk, the greater the reward. But if you’re going for gold, crossing a minefield blindfolded isn’t the best start. It’s a common story – some industrious person or group of people come together and decide they want to put their talents to work purchase…
