Foreclosure Q&A for Florida
Florida Foreclosure Laws
Foreclosure Rescue Schemes
A foreclosure rescue scheme takes advantage of vulnerable homeowners who risk the loss of their home through foreclosure. The “rescue” involves a manipulated deed process, payment of significant up-front fees, use of a straw buyer/borrower, and false promises that the...
How Long Does a Foreclosure Stay on Your Credit Report?
Short sales and foreclosures can hurt your credit—here’s how Credit scores can predict how likely you are to make timely payments, pay off loans, and help a lender understand how “risky” you are as a borrower. Your credit score is based on your lending history and...
10 Tips on How to Increase Your Credit Score
Learn how to raise your credit score Poor credit can make it harder for you to get a mortgage, an apartment, or a credit card. It can also put you on the hook for higher interest rates, which can make the loans and credit lines that you do obtain more expensive to...
Foreclosures Explained: How They Work and Why They Happen
Understand the process that allows a bank to take your house Foreclosure is the process that lenders use to take back a house from borrowers who can't pay their mortgages. By taking legal action against a borrower who has stopped making payments, banks can try to get...
What is a Short Sale ?
Definition & Examples of Short Sales A short sale is a real estate transaction that occurs when a homeowner sells a property for less than they owe on the mortgage, and the lender approves of the "short" payoff. Understand what a short sale involves, how...
Your Rights in a Foreclosure
Find about your loss mitigation rights, what foreclosure notices you’ll receive, your right to challenge the foreclosure, and more.
Foreclosure Basics
Get an overview of basic foreclosure terms, steps in a foreclosure, and possible defenses to foreclosure.
Options If You Can’t Pay the Property Tax on Your Home
If you’re struggling to pay the property taxes on your home, you could be at risk of losing the property to foreclosure or a tax sale.
What to Expect Once You Decide to Let Your Foreclosure Proceed
If you decide not to fight the foreclosure of your home, you don’t have to leave right away. Learn more.
How to Find a Rental after Foreclosure
To navigate today’s competitive rental market with a foreclosure on your credit history, use the following tips.
Your Options After the Foreclosure Sale
Learn what you can do after the foreclosure sale, from staying in the home for a certain period of time to buying the property back.
How a Foreclosure, Short Sale, or Deed in Lieu of Foreclosure Affects Your Credit Score
Your credit score will take a hit after foreclosure, short sale, or deed in lieu of foreclosure. Learn more.
Federal Laws That Protect Homeowners During Foreclosure
Federal laws protect homeowners when facing foreclosure.
The Difference Between a Judicial and Nonjudicial Foreclosure
Learn the basics about judicial and nonjudicial foreclosures.
Foreclosure Rescue Scams to Avoid
If you’re facing a foreclosure, be on the lookout for foreclosure rescue companies—specifically, mortgage modification companies—that falsely claim they can help you save your home.
Abuses by the Mortgage Servicing Industry
Learn about common mistakes and errors that happen in the mortgage servicing industry.
What’s the difference between a loan modification, forbearance agreement, and repayment plan?
Loan modifications, forbearance agreements, and repayment plans are different ways that borrowers can avoid foreclosure. Read on to learn the difference between these options and how they can help you if you’re having trouble making your mortgage payments.
Florida Foreclosure Laws and Procedures
Don’t be caught off guard if you’re facing a foreclosure. Read on to learn about each step in a Florida foreclosure—from missing your first payment all the way to eviction.
Foreclosure Do’s and Don’ts
Foreclosure can be an intimidating and scary experience. The stress of potentially losing your home can drive you to make mistakes, either by doing the wrong thing or failing to act at all.
Step By Step: The California Foreclosure Process
February 23, 2018 by Michael Kim KNOWLEDGEABLE FORECLOSURE PROCESS LAWYERS IN CALIFORNIA Most California residents have heard of the concept of foreclosure and are no doubt aware of the prevalence of foreclosures during the 2008 housing crisis. But few understand how...
FORECLOSURE AND BANKRUPTCY: CAN I STILL QUALIFY FOR A LOAN?
Maria Marmion Sometimes life takes us down a bumpy path, which can leave us in less than ideal situations like bankruptcy or foreclosure. That was the unfortunate case so many people found themselves in during the housing crisis nearly 10 years ago. But now, with more...
Foreclosure Laws by State
Foreclosure is a legal process through which lenders reclaim properties from borrowers who can no longer afford to meet their monthly mortgage obligations.