Foreclosure Defense Tips!!
Original post made by jonesjohnson on Apr 9, 2013
A strategy to follow in a foreclosure defense:
1 The issue must be brought before a judge.
2 Then a request to the bank should be sent to present the original documents.
3 If there is no response from the lender within 30 days, go for filing a motion and request the court to conduct a trial and judge the issue.
4 After examining, the judge will issue a verdict at your hearing.
5 Hiring an attorney is the best way as he can guide you during the course and help you raise a foreclosure defense.
on Apr 9, 2013 at 3:01 am
jonesjohnson is a registered user.
[Post removed due to promoting a website]
on Apr 9, 2013 at 3:55 am
BTW, I'm not an attorney. Honest.
on Apr 10, 2013 at 12:09 am
Property values are on the rise. If you receive a notice of default, contact a local realtor or even mortgage broker to determine the current value of the property. You might be amazed as to what's happened over the last 30, 60 or 90 days. You may have been underwater (owe more than its worth), but you might be above water now. Most properties in our area are selling well over asking with multiple offers which pushes up values for existing homeowners. I'd you are even or with a little equity, you can do a traditional sale to get out on not have huge limitations on when you can qualify for traditional financing again. Good luck.