Foreclosure Warnings
What happens if they send you foreclosure letters even if you made your payments?
To make a long story short, here it goes. Say your husband tries to get your home mortgage reduced because you’re unemployed. Your mortgage company allows you to pay a lower mortgage while you go through your “review period.” Then suddenly you get foreclosure warnings on your house through certified mail!!! Then you call the mortgage company and they say “oh that’s just legal reason don’t worry about it.” Do you trust these people or get out? I’M FREAKING OUT HERE!!! My husband still trusts these people at the mortgage company like they are going to reduce our rates! I think we are getting screwed!
I always had excellent credit. It was in the 800s! How bad will this damage my credit rating?
This is standard. They are covering their bases, this way, if you decide to try and screw them further they can get you out of the house right away instead of waiting until the review period ends and then starting the foreclosure.
If you are not going to default again you have nothing to worry about.
The warnings of foreclosure
|
|
Reality Based Real Estate Investing: Warning-Tips And Techniques Can Make You Rich $15.99 Real Estate investing has been a tried and true path to accumulating wealth. It is also a lot of work. There are many unseen pitfalls and risks. John Mazzara has successfully sold, owned/managed, and financed investment properties since 1986. Experience counts. John provides you will direction and recommendations so that you can correctly identify opportunities in today’s real estate investing… |
|
|
County foreclosures plunge.(Local News)(The good news is tempered by a warning that the numbers may rise due to delayed proceedings): An article from: The Register-Guard (Eugene, OR) $9.95 This digital document is an article from The Register-Guard (Eugene, OR), published by The Register Guard on February 18, 2012. The length of the article is 362 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: County foreclosures pl… |
