Home Owners Options when Facing Foreclosure – Deed In Lie…
Deed In Lieu as an option for homeowner experiencing a severe financial hardship that is causing them to miss their mortgage payments. Part 2 of a 7 part series brought to you by Short Sale Assistance Group and Ascendant Realty on what the options are for people facing foreclosure on either their home or investment…
Consumers Give Merit to Use of Housing Counseling Company to Prevent Foreclosure
With a 70% failure rate, bankruptcy may not be the best option to prevent foreclosure. Five homeowners from South Carolina come forward to tell others how a certified housing counseling company negotiated with lenders to stop foreclosure against their homes. What can a borrower do to prevent foreclosure sale of the home if they have…
Why Struggling Homeowners Should or Should Not Stop Paying Their Mortgage: A legal perspective from Laura I. Shidlovitsky, Attorney at Law
With 1 in 4 American homes underwater and an estimated 1.7 million in foreclosure proceedings, strategically defaulting is becoming a more popular option for borrowers. However, Strategic defaults also come with a slew of personal and legal ramifications. Attorney at Law, Laura I. Shidlovitsky discusses the unglamorous side of foreclosing and what you can do…
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