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Mortgage Professor about legitimate foreclosure help: | |||||||||||||||||||||||
Mortgage Payment Problems: What If You Can't Pay?
April 21, 2003 "I lost my job and have been making my mortgage payment from savings. At some point, I will run out of savings. What should I do? Some variant of this letter is appearing in my mailbox with ... more... Options When Equity in Your Home Is Gone April 23, 1999 I have been transferred and need to sell my home. The market has gone down and I owe more than the home is worth. Is there any relief available to allow me to avoid paying the difference to the lender at the time ... more... |
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legitimate foreclosure help related definitions |
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Foreclosure
Foreclosure A legal process by which the lender or the seller forces a sale of a mortgaged property because the borrower has not met the terms of the mortgage. Also known as a repossession of property. When the process is complete, it is typically said that "the lender has ... more... Delinquency Delinquency Failure to make payments on time. This can lead to foreclosure. First, a mortgage becomes delinquent, when the borrower stops making payments. Second, the delinquency is either reinstated (payments are resumed) or the lender forecloses. ... more... |
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More about legitimate foreclosure help Foreclosure Home Deals 5 Killer Steps to avoid Credit Card SCAMS! Decision With A Mortgage Calculator: When To Foreclose? Real Estate Stories that Show You How! Home Mortgage Loans For People With Bad Credit How To Buy a Home After Foreclosure Facing Foreclosure? Working Out an Alternative Payment Plan Can Save Your Home Debt Counseling Healing Touch for the Ailing Finances An Open Letter To Rev Al Sharpton - Stop Using Hurricane Katrina To Further Your Political Agenda! The Rising Foreclosure Rate
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