Unmanageable debt is a difficult thing to deal with psychologically. Even if you are not exactly grasping at straws, you might be more open to potential opportunities than usual. While this could be a good state of mind, it could also put you at risk when it comes to...
Foreclosure Defense
Identifying foreclosure scams
According to ATTOM, Florida had one of the biggest foreclosure rates in the United States in 2022, with almost 23,000 foreclosures. If you are facing foreclosure, you know it can be a daunting experience. In these times of stress and uncertainty, it is important to...
How may mortgage deferment benefit struggling homeowners?
A looming foreclosure could make you fear that you have no way to save your home. The truth is that many banks offer options to help their clients get back on track with their mortgages. One of these options is a mortgage deferment. To understand how a mortgage...
Will your foreclosure be public?
Losing your home is a serious situation, but it also comes with a lot of stress. You might wish to keep your financial situation private, but if the bank initiates foreclosure against you, that will not be possible. State law requires the publication of foreclosure...
Lender mistakes you can use to fight foreclosure
Facing foreclosure is stressful and, after everything you have put into your home, you might wonder if you can avoid it. Many homeowners do not realize that sometimes lender mistakes can save your home from foreclosure. There are a few common issues to consider that...
Foreclosure trends and predictions for 2023
2022 saw an increase in Florida foreclosures. WFLA News Channel 8 states that the foreclosure rate increased by 71.26 percent since 2021. Florida ranks high nationally in foreclosure rates. The state is seventh overall and second in total foreclosure starts from the...
4 ways to help stop a foreclosure of your home
The economic downturn may impact your employment situation, affecting your ability to make mortgage payments. Serious illness or injury and mounting medical bills may also cause mortgage payment problems. Here are four ways to help keep your lender from foreclosing on...
What is the right to redemption?
A foreclosure means your lender is trying to take back your home. It occurs when you miss payments and do not fulfill your obligation under your mortgage agreement. Throughout the process of foreclosure, you may have the chance to stop it and retain your home. The...
Does missing a mortgage payment start the foreclosure process?
When money is tight, it can be difficult for you to pay the mortgage each month. However, there are consequences for skipping payments, including foreclosure. Realtor.com says that many lenders allow you to have a grace period if you cannot make a payment on the due...
Should you trust companies advertising foreclosure assistance?
When you receive word that your home is at risk of foreclosure, you may fear the future. You may wonder what other options you have to save your home. During this unprecedented time, you could receive advertisements or offers from companies claiming to have the...
