When a borrower defaults on a mortgage, the mortgagor forecloses on the home to sell it and fulfill the debt. The process is not the same from state to state, but will normally take an extended time to complete. This blog offers Florida information on foreclosed homes for buyers. Property Auction Sales A bank typically holds an auction when foreclosing on properties. Purchasing real estate at an …
Florida Foreclosure Myths And Guidance For Homeowners
Foreclosures are abundant and so are the myths on them. It is critical for current and future home owners to have accurate information. This blog covers Florida foreclosure myths and guidance for homeowners. Common Mistakes You Must Be Delinquent to Get Help Home owners can start the process of loan modification and other assistance programs before missing any monthly payments. These options …