Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
ASK FOR HELP!
The delinquency letters have stopped. You wonder if the lender forgot about you. Then it happens. You receive an official notice of foreclosure. The lender may or may not exercise their right to foreclosure on your home the next month. If you have gotten to this point and have not consulted an attorney or Realtor you need to act fast. Stop reading this and call a member of The Yeatman Team. You still may have a couple options left. The clock is ticking. You must take action.
FORECLOSURE TEAM & RESOURCES: