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What Does Pre-Foreclosure Mean and How Does It Work?
If you’re falling behind on mortgage payments — or thinking about buying a distressed property — you may be wondering: What does pre-foreclosure mean? Simply put, pre-foreclosure is the early warning ...
Selling pre-foreclosure is often the best option for distressed homeowners who don’t qualify for any loss mitigation programs, but those homeowners are understandably hesitant to choose that option ...
When you fall behind on mortgage payments, your lender may eventually take your home to recoup the loss. But that won’t happen right away. Lenders must follow a series of steps that start with ...
anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who ...
Answer: Apparently too tough for many, perhaps most mortgage servicers. There could be an article at least once a week making this point and case law examples would still not approach being exhausted.
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