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Can You Sell A Home In Foreclosure?

Can You Sell A Home In Foreclosure?

Can You Sell A Home In Foreclosure? A foreclosure takes place when a home is seized and put up for sale by the lender. When you see a home listed as foreclosed, it means that it’s owned by the lender. Every mortgage contract has a lien on your property. A lien allows your lender to… Continue reading Can You Sell A Home In Foreclosure?

Automobile Repossessions- How To Get Your Car Back

Automobile Repossessions- How To Get Your Car Back

Automobile Repossessions- How To Get Your Car Back Typically, when you purchase a new vehicle you take out a loan to pay for part or all of it. At that time, you signed an agreement with the lender to get a loan which holds you legally accountable for making monthly payments on the vehicle. If… Continue reading Automobile Repossessions- How To Get Your Car Back

Pre-Negotations Of Real Estate Loans

Pre-Negotations Of Real Estate Loans.JPG

Pre-Negotations Of Real Estate Loans A pre-negotiation letter establishes the framework for the parties to discuss either a loan modification, loan workout, or some other option. It is commonly entered into if the borrower requests a loan workout or forbearance following one or more default notices but before the start of formal enforcement proceedings. This… Continue reading Pre-Negotations Of Real Estate Loans