Best Foreclosure Strategies
You could qualify to stay in your home for YEARS without paying the bank. You could stay in your home for about $300 a month! You could get money to buy a new home or receive compensation from the bank for your relocation.
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The Foreclosure process:
The foreclosure process in our state is one of the longest in the country, so the good news is that if you are facing the imminent threat of foreclosure, there may still be time to fight it and create a plan to turn that nightmare into a blessing. Your lender will likely initiate foreclosure proceedings after you make 3 missed payments and once you have been served with the intent to foreclose, you will have 30 days to respond.
For 90 days after you are served by a Sheriff or Clerk, you still have the right to reinstate your loan, which means you can pay all of your accrued debt as well as late fees and legal fees in order to prevent the foreclosure process. You also have the right to fight your case, try to modify your loan, try to lower the principal balance to what your property is worth today, ask to sell the house for less than you owe, ask to be paid to leave the property, save thousands of dollars and stay in the house with no payments to the bank and many more possibilities! Our attorneys will tell you all of them and how.
It is important that you consult an attorney as soon as possible, as time is of the essence and the key to beating the bank.
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