Description
SAVE YOUR HOME FROM FORECLOSURE
You received paperwork from your lender that you are in mortgage default. They tell you about your options and list them out all with the same outcome – you are losing your home. The lender will do everything possible to keep you under their control, telling you their options are your only hope. The lender will not inform you of the rights you actually have to save your home. You think the lender is trustworthy and is trying to help. Lenders are paid more for foreclosing on your home than if you pay your loan in full. They want to take your home.
With all the information available in the world, how does a homeowner sort through the foreclosure process and keep their home?
If you are in a foreclosure situation, you have legal rights. Know your rights:
1. Apply for loss mitigation
2. Receive certain foreclosure notices
3. Get current on the loan and stop the sale
4. If you are in the military, receive special protections
5. Pay off the loan to prevent the sale
6. Participate in mediation
7. Challenge the foreclosure in Court
8. File for bankruptcy
9. After a foreclosure sale, you have the right to the surplus funds from the sale
Your rights are based on federal and state law. Your rights in a foreclosure situation can vary a great deal. Each homeowner’s situation is different. You absolutely have the right to challenge the foreclosure in court. You do not have to accept what the lender is offering. Keep your home – fight!
Elysian Property Solutions LLC will review your mortgage situation and discuss your options and rights.
(Open 7 days per week)
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