With such a delicate economy, one of the most common concerns especially among homeowners is how to stop a foreclosure. Essentially, in order to stop it, you must first try to understand what it is. A foreclosure is a type of legal process where the mortgage lender attempts to terminate the equitable rights of redemption of the mortgage borrower. This can be done via court order or through the intervention of the law after undergoing statutory procedures. So essentially, one of the ways on how to stop foreclosure is to fight … (2 comments)
stop foreclosure: St Augustine Short Sales Stop Foreclosure
- 11/04/08 02:14 PM
FREE SAINT AUGUSTINE FLORIDA SHORT SALES EXPERTS (904)635-8822 Stop Foreclosure FREE www.firstcoastre.com/professional589.shtml Our St. Augustine FL Short Sales help avoid and stop foreclosure of homes! You DO NOT have to be in default to do a short sale! This is a common myth in the industry. Many Realtors in St. Augustine Florida are not even aware of this fact.
What exactly is a short sale??? Almost unheard of until recent times, a "short sale" or "short pay" happens when a home owner is in financial hardship, and the lenders and lein holders agree to accept a payoff amount lower than what is owed to them.
3 Ways on How to Effectively Stop a Foreclosure
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