The reality is that for most homeowners foreclosures are overwhelming, confusing, and stressful because they are not familiar with foreclosure process. They are unaware that there are ways to prevent a foreclosure.
Foreclosure is the legal procedure that can be used by a mortgage lender or county to repossess someone’s home. The process usually begins with delinquent mortgage and/or property taxes. The county or lender starts the legal proceedings to repossess the house and then sell it to recover the money owed. But before a foreclosure auction takes place, there are two types of lawyers who can help homeowners avoid … Read the rest