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Bellevue Short Sales: Facing Foreclosure And Your Lender Changed The Locks?

By
Real Estate Agent with Homes Northwest

Bellevue WA – Many homeowners facing foreclosure come home to find the locks on their doors changed out. They are locked out of their own home.

We have seen lenders do this to homeowners who still own and live in their home. In one example, an American Veteran was facing foreclosure. He went to the hospital for some medical treatment.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

He came home to find the locks on his home changed. All of his personal belongings had been put out at the curb. Some items were missing.

Don’t be surprised that this is happening. We recently saw a story that Bank of America allegedly foreclosed on a paid off house. If this does happen to you, then please remember that the lender is breaking the law.

They are not allowed to change out the locks on your home until they have completed the foreclosure proceedings and evicted you from your home.

(Most lenders usually pay homeowners to move rather than bother with an eviction.) It is your home and you own it until the lender has foreclosed on it. In addition, you still have the right to live there until an eviction is finalized.

Fortunately homeowners have rights Click here for entire story