Category Archives: Dangers of Foreclosure
I Can’t Make My Mortgage Payments. What Are My Options?
Homeowners throughout Florida are in a difficult situation as the economy struggles to return to its pre-pandemic levels. If you are one of the thousands of homeowners who is having difficulty keeping up with your monthly mortgage responsibilities, know that you have options and help is a phone call away. One… Read More »
What Constitutes Squatting in a Foreclosed Home?
Homes that have been foreclosed upon sometimes sit empty for a period of time, and when they do, it presents a perfect opportunity for squatters to take up residence in the home – and to live there rent-free. If they stay long enough they may, over time, be able to gain ownership rights… Read More »
Should I Do a Mortgage Forbearance?
We’ve heard a lot about mortgage forbearance this past year during the coronavirus pandemic, but many people may not fully understand what mortgage forbearance is and how it can be used by homeowners who are struggling financially. Before deciding if forbearance is right for you, it’s important to fully understand your options and obligations… Read More »
How Do I Know Who My Mortgage Lender Is?
It may seem straight-forward, but in reality, finding out who owns your mortgage isn’t always so cut-and-dry. From nearly the minute after you close on your home, your mortgage loan is already getting sold – and perhaps re-sold and re-sold many more times after that. Moreover, the company that services your loan (the one… Read More »
How Long Does a Foreclosure Take in Florida?
If there is to be any good news in a foreclosure situation, it’s that the process is lengthy – generally lasting more than a year. That’s good news because it gives homeowners time and opportunity to mount a strong defense and fight to keep their home. Here in Florida, a wave of foreclosures will… Read More »
I Can’t Make My Mortgage Payments. How Long Until I Face Foreclosure?
The threat of foreclosure is a real one, and if you find yourself struggling to make your monthly mortgage payments, the threat can begin to feel even closer. It’s important to know, however, that the legal process of foreclosure can’t begin until you’ve missed four months – or 120 days – of payments. Even… Read More »
How Many Mortgage Payments Can I Miss Before Foreclosure?
Foreclosures have a way of creeping up on hardworking homeowners despite their earnest efforts to keep up with payments. For families who are struggling financially, it can be hard to get your feet back under you when you feel like you keep falling farther behind. Understanding the typical foreclosure timeline With mortgage payments, you… Read More »
The Bank’s Burden of Proof in a Foreclosure Case
The bank has no foreclosure case against you if it cannot prove its claim against you. Don’t let them try to bully you into thinking otherwise. When it comes to Florida foreclosure cases, your best defense is an aggressive offense, and that means forcing your bank to prove their claims. Every claim they make… Read More »
Programs for Floridians to Avoid Foreclosure
Being at risk of foreclosure does not mean you are without options when it comes to keeping your home. And the earlier you seek out possible programs or opportunities to protect yourself from foreclosure, the better. If you are struggling to keep up with your monthly mortgage payments, don’t ignore the problem. Seek help… Read More »
Defending Yourself from a Florida Foreclosure Part 8
Subpoena Everyone As a judiciary state for foreclosure legal proceedings, all Florida foreclosure cases must be seen in court. This means a couple of things for you as a homeowner – 1) that it’s a relatively slow process (see what we suggest doing to take advantage of the delays by reading Part 7 in… Read More »
