Foreclosure Process Archives - Page 3 of 4

What to do When Foreclosure Hits Home

If you are struggling with foreclosure, knowing how many others are dealing with foreclosure is irrelevant. What matters is how you can survive foreclosure and protect your family’s home. So how can you fight the bank with they want to take your home back? You have options. You can surrender your home. Call your lender…

FHA Wants Changes in its Foreclosure Policies

FHA wants to revise its foreclosure policies, according to Dror Oppenheimer, senior advisor to assistant secretary for Housing-federal housing commissioner at HUD. The Mortgage Bankers Association was recently invited to offer comments on the proposed changes through March 9, 2020. Currently, a pre-foreclosure appraisal of the property was based only on exterior inspection. This appraisal…

My Foreclosure is not Your Opportunity!

“My Foreclosure is not just your next investment property opportunity.” If Joan (not her real name) could have put any message out there, that would have been the message. When the legal notices started arriving in her mailbox, so did the people coming by to ask if they could tour her house. But this is…

Veteran Losing Home to VA Foreclosure, Though he Tried to Pay

Jason ‘Jay’ Sutton is a veteran who has suffered a lot of losses in his life, and is now facing one more loss; his home. Sutton’s first wife served in Iraq and developed leukemia, possibly from the burn pits there. She passed away a year later. Sutton’s later met his second wife, Kelly, who contracted…

When a Death in the Family Sets Foreclosure in Motion

I recently attended an out of town visitation and funeral service. The deceased was a wonderful woman who lived a long productive life, gracing the lives of the many who knew her. What I found moving was that after spending several days with her family, I was reminded of how deeply the death of a…

Fighting Foreclosure With a Licensed Local Attorney

When you fight foreclosure, the battle is frustrating and difficult to win. It is especially difficult to fight foreclosure if the lender isn’t playing by the rules. Being in default on a mortgage is already a rough position to be in, but being wrongfully foreclosed means convincing the court that the lender is WRONG. Since…

Hidden Housing Crisis

In the housing crisis over a decade ago, the government stepped in with mortgage loan modification plans to mitigate the U.S. housing crisis. It looked like the federal government saved the day and that the recession would soon be gone. A Mortgage loan modification permanently changes the terms of the mortgage loan. This could be…

Fighting Foreclosures

ForeclosureFights.com reminds you that banks and lenders are not the only threat of foreclosure. Earlier this year, homeowners and housing experts attested to homes worth millions of dollars being stolen. As Brooklyn real estate values skyrocket, homeowners are being targeted by housing predators, losing homes through deed theft, liens for minor bills, fraudulent documents, wrongful…

When Your Lender is Threatening to Take Your Home, Fight Back

When you miss payments on your mortgage you can go into default. Your lender may then begin the foreclosure process. Normally, in NY your lender would send out an acceleration notice. demanding payment of the entire outstanding loan balance. While this is frightening, if the homeowner can pay the missed payments, the bank may agree…