Tag: foreclosure-process

Pre-Foreclosure?

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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

Understanding the Foreclosure Process

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Understanding the foreclosure process is an important part of navigating your own home in foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not the end … Continued