Foreclosure notice of default- what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

Pre-Foreclosure?

With millions of homes across the country going into foreclosure, it’s important for homeowners/borrowers to understand the Pre-foreclosure process. So what is a Pre-foreclosure? Many homeowners across America are facing difficulties making their monthly mortgage payments and find themselves in Pre-foreclosure. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a … Continued

How to Avoid Foreclosure

While the housing market is rebounding, many people are still struggling to make their mortgage payments. If you’re underwater on your home, or having trouble keeping up with your monthly mortgage payments, you could be fearful that your mortgage provider is going to foreclose. Thankfully, there are a number of things that you can do to avoid … Continued