With the recent increase in housing prices, we are seeing more homeowners with equity being foreclosed than ever before. In some cases, the homeowner has $150,000 or more in equity on the mortgage at the time of foreclosure. If the property sells at the foreclosure auction to a third-party bidder for more than the balance on the loan, the original homeowner is entitled to the surplus funds. Actually recovering surplus funds from your lender that sold the property in foreclosure is not always so … [Read more...] about What Happens to Your Equity after Foreclosure
foreclosure attorney
Stop Ocwen Foreclosure Service
It seems that every major mortgage lender has committed fraud against homeowners at this point. There is a lender called Ocwen Financial that just can't seem to learn their lesson despite all of the fines and penalties they have faced. The lending giant is now being told that they have to pay out $268,000,000 to Californians for illegal loan modification denials and charging unauthorized fees. The compensation issued to each individual homeowner will never make up for the full amount of … [Read more...] about Stop Ocwen Foreclosure Service
Foreclosure Attorney for Deficiency Judgement Lawsuit
Even after foreclosure, your lender can come after you for the money they lost in the transaction. If you owed more on the mortgage than the property sold for at foreclosure auction, the lender can sue you for the difference. For example, if there was a principal balance of $500,000 remaining on the loan, but the home sold for $300,000 in the foreclosure auction, your lender could sue you for $200,000. Our foreclosure attorneys help California consumers fight deficiency judgment cases even if … [Read more...] about Foreclosure Attorney for Deficiency Judgement Lawsuit
How Many Payments Can I Missed Before Foreclosure?
Your lender isn't likely to make it very clear how many missed payments it will take before they foreclose on the property. While there are minimum requirements that prevent your lender from foreclosing on your property too quickly, the timeline varies depending on a variety of factors. Many homeowners did not know how many missed payments before foreclosure by their bank and because of this limited knowledge, many have lost their home to a foreclosure sale. You can have 5 missed payments … [Read more...] about How Many Payments Can I Missed Before Foreclosure?
Foreclosure Defense Attorney That Provide Free Case Evaluation
In order to have your foreclosure questions adequately answered, it's important to find someone who will take the time to understand your personal situation. Cookie-cutter responses aren't going to cut it when your home is on the line - you need specific advice on what to do next from a legal professional who knows your rights. Our foreclosure attorneys will answer your questions for free We offer years of experience helping homeowners save their property at every stage of the … [Read more...] about Foreclosure Defense Attorney That Provide Free Case Evaluation
Call Our Foreclosure Attorney For a Foreclosure Bailout
Somehow, the banks became the "victims" of the foreclosure crisis and received massive bailouts from the Federal Government. Their pockets were re-filled despite undeniable claims of illegal foreclosures against them. While the banks have recovered, many homeowners in California still have not. Our firm is here to help homeowners receive their own type of "foreclosure bailout." Even though you aren't likely to get billions of dollars in your personal bailout, you may be able to get some … [Read more...] about Call Our Foreclosure Attorney For a Foreclosure Bailout