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Foreclosure is the process where the lender gains control over your property after you stop paying your mortgage. Without prompt action, you could lose your house. Without prompt action, you could ...
Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...
On 14 October 2022, Phoebe Plummer and Anna Holland of Just Stop Oil threw two tins of soup at an 1888 Sunflowers painting by Vincent van Gogh at the National Gallery in London, glued themselves to the wall and asked the crowd whether they were more concerned by the protest or by the effects of climate change on the planet. They had been ...
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
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Eviction: This is the final part of the foreclosure process. Your home is sold, and you and your family will be under mandate to vacate; you may have a few days if the buyer allows it.
Here’s a look at the eviction process and the tools that you have. The Eviction Process According to the Consumer Financial Protection Bureau (CFPB), the eviction process has three stages.
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