Your lender, bank or mortgage company may enact a foreclosure if you fail to make payments. In this situation, the institution that holds your mortgage may take possession of your home. Foreclosures can occur due to:
- Failure to pay the agreed home loan
- Failure to pay property taxes
- Failure to pay property insurance
Additionally, many homeowners find it hard to make payments because of unfortunate circumstances like unemployment, divorce, medical bills and more. When providing foreclosure legal counsel, we’ll discuss the details of your situation, educate you about the foreclosure process and help you stop it if possible. Reach out to a foreclosure attorney today about your options.
