Tag Archives: Florida Foreclosure Process
What to Expect During the Foreclosure Process
Foreclosure is the process through which a lender takes ownership or possession of your home and sells it in order to earn back all or most of the money it loaned you. Your mortgage lender, which is usually a bank, can foreclose on you after you miss your mortgage payments. This process will not… Read More »
Your Options in the Face of Foreclosure
Florida has consistently ranked as one of the top states for home foreclosures and was hit particularly hard during the recession. However, a new report from property data and analytics firm CoreLogic shows good news. Florida saw a 41.1 percent year-over-year decline from 2015 to 2016 in foreclosure inventory. It also saw a 30.1… Read More »
The Florida Foreclosure Process
Florida has one of the highest rates of foreclosure in the nation. If you are at risk of losing your home, it is essential to understand the foreclosure process in the state. Mortgage Generally, when a person purchases a house or other property, there is a promissory note and a mortgage. The note is… Read More »
