Category: Foreclosure

Defining Pre-Foreclosure If you’ve failed to pay your mortgage for three months, your mortgage lender will send you a notice saying that you have violated the terms of the mortgage. This is how pre-foreclosure begins. It is the first step in the foreclosure process, and…

Often foreclosure happens during a tumultuous time. You might not have realized that the situation was accelerating, or you may have had other issues that you needed to take care of first. But when is it too late to stop a foreclosure? Could you still…

If you’re facing foreclosure, you may be wondering what to expect. What is the process? How long do you have before it’s finalized? And most importantly, how can you prevent it? This infographic is designed to give you all the info you need if you’re…

A foreclosure carries with it many financial consequences — some obvious, some more surprising. Above all, foreclosure impacts your credit, and your credit can cause you miss opportunities when buying a car, opening a business, renting an apartment, or even getting a job. Here’s what…

Have you ever been exposed to a home foreclosure? It’s a messy prospect, and state laws make things even more convoluted. Utah has its own set of laws, and knowing the specified procedure could save you if you ever face the risk of foreclosure. Falling…

Anyone can find themselves in foreclosure. Miss a few months of mortgage payments, and foreclosure is already looming on the horizon. Whether you lost your job or just hit a rough patch, it isn’t your fault. You just need to find solutions. So, what can…

When it comes to foreclosure, you may find yourself considering many different tactics, most of which are aimed at delaying or (hopefully) stopping the foreclosure. To DELAY, STALL or SAVE THE PROBLEM for another day, you can do the following: While these methods are occasionally…