moreno valley: Know your Options.. Avoid Foreclosure...
- 10/25/12 06:54 AM
Are you behind on your payments? Here are your options to avoid foreclosure: Reinstatement- To reinstate a mortgage, the homeowner has to pay all the missed payments, late fees and legal fees that are due up to the date that the loan is reinstated. Forbearance or Repayment Plan- The lenders allows the buyer to pay the missed amount over a period of time or the lender places the missed payments on the end of the amortization of the loan. Sell the property- If sellers have equity in their property, they can sell it and prevent a foreclosure. Refinance- If the homeowners (1 comments)