Have You Been Served A Foreclosure Notice?
If you are faced with foreclosure you must take fast action and educate yourself about all of your options.
One place you can try for information and guidance is actually HUD (Housing and Urban Development). The counselors at HUD will provide you with various resources and information about the foreclosure process. They can also help you with finding a place to stay if you have to vacate your home.
Another source of help could possibly be through a real estate agent. While it may seem highly implausible, there is a possibility you may be able to sell or even short sale your home to avoid foreclosure.
Your bank may even be ready and willing to work with you. After all, they have nothing to gain by foreclosing on your property. If you have a steady stream of income and can prove an ability to pay, your bank will bend over backwards to try find a way to help you keep your house. Keep in mind, the bank wants to receive payments. If your property forecloses you lose and they lose.
Contacting a legal representative is best for legal advise in foreclosure situations. Choose a law firm that is experienced in handling foreclosure cases. A loan modification attorney is your best option. They are knowledgeable about foreclosure and real estate laws and are able to negotiate with mortgage companies on your behalf.
Your law firm will thoroughly study your loan documents to ensure that no federal laws were violated. Most importantly, your law firm will be able to show you your options in full detail so that you can make a well informed decision on how to move forward.
Janian and Associates is a Real Estate Litigation law firm committed to leveling the playing field between homeowners and real estate lenders. Their attorneys are recognized for their expertise in the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) and have gained the respect and attention of the lenders for over 27 years.
Call Janian and Associates for a free consultation with a Loan Modification Attorney.