FORECLOSURE

Foreclosure is the legal process by which the lender takes back ownership of mortgaged property (your home) and sells it because the monthly payments have not been made.

I understand the problems and issues that homeowners are facing when trying to decide if foreclosure is right for them.  Remember a foreclosure will impact your credit for the next 5 years.  A low credit score will make it harder to rent property, buy a car or get a credit card plus you may pay high interest rates.

  • Don’t ignore the letters from your lender
  • Contact your lender as soon as you realize that you have a problem – lenders do not want your home.
  • Open & respond to all mail from your lender – mail may include important notices of pending legal actions.
  • Understand foreclosure prevention options – I CAN  HELP YOU WITH THIS.
  • AVOID foreclosure prevention companies – you should not pay a fee for prevention help.

THE WORST THING YOU CAN DO IS NOTHING!  LET ME HELP.