Sentences with phrase «foreclosure if»

It is possible for reverse mortgage borrowers to face foreclosure if they do not pay their property taxes or insurance, or maintain their home in good repair.

They may also fear the headache of foreclosure if the buyer doesn't make the payments.

The bank told us that they would not renew our loan and that there was a possibility of foreclosure if we didn't pay them off prior to the maturity date.

All experienced Florida foreclosure defense lawyers know that the national Foreclosure Mortgage Settlement Agreement contains a provision that mandates that lenders not go forward with a foreclosure if there is an alternative in the works for that home loan (for example, a loan modification or short sale is being negotiated).

Ask anyone who has been through a foreclosure if they made money when they bought.

Hi Brandon — Unfortunately there is nothing you can really do as the home owner can do anything with their property including ultimately letting it go to foreclosure if they elect to do so.

Last Update: 02/24/16 All experienced Florida foreclosure defense lawyers know that the national Foreclosure Mortgage Settlement Agreement contains a provision that mandates that lenders not go forward with a foreclosure if there is an alternative in the works for that home loan (for example, a loan modification or short sale is being negotiated).

Delaying closing is the safest alternative but that is not always possible if the moving van is in the driveway or perhaps the seller is doing a short sale and facing an imminent foreclosure if his loan is not paid off.

The only benefits to this type of purchase are if the buyer can reduce the borrower's monthly payments because of the low price paid for the note, while still making a profit for himself, or the buyer can convince the borrower to sign over the deed in lieu of foreclosure if the borrower is unable to repay the loan.

The Mortgage is a lien on the real property that gives the lender the right to take the property by foreclosure if you default on the loan.

Homeowners missing their first monthly payments do (can't go into foreclosure if you are making your payments).

You also need to prepare your seller in advance for the possibility of foreclosure if a short sale fails, says Parmelly.

Don't risk your family losing it to foreclosure if you were to suddenly die.

As part of Life Insurance Awareness Month, we want you to know that there are many ways that life insurance could help protect your family from experiencing the financial stress of falling behind in payments, or worse, risk losing their home to foreclosure if you were to suddenly pass away.

If you can official looking letter stating that your home will go into foreclosure if you don't buy mortgage protection insurance, is likely from a scammer.

They may even threaten you with foreclosure if you don't purchase mortgage protection insurance from them.

If this is the case, the guarantor has immense leverage to force a buyout of her interest, even if she doesn't have a legal right to do so, because otherwise, she can effectively prevent the loan from being refinanced and can force the house into foreclosure if she doesn't co-sign a new loan, since all co-owners need to sign (as a matter of commercial reality) to get any mortgage loan.

A loan modification is not a guarantee against foreclosure if you fail to meet the terms of your modified mortgage.

Until that time, credit card debt creditors can continue to collect your debts, and your lender can still proceed with the foreclosure if you're behind on your mortgage payments.

The VA also has loan specialists that can help you avoid foreclosure if you experience financial hardship.

Some municipalities are trying to figure out who truly owns a house in foreclosure if the loan was securitized.

If there are two mortgages, and the senior can afford the first mortgage, stop paying the second mortgage might be a good option, A second mortgage will very seldom foreclosure if payments are stopped.

However, consider that your home takes money out of your pocket, it is subject to foreclosure if you don't pay your mortgage or property taxes, many states homestead laws don't protect your home from creditors, and your equity is essentially «dead» money, trapped in your home and not liquid and easily accessible.

This means it could go into foreclosure if you fall behind on payments.

Refinancing or home equity loans put your home at risk: Borrowing against home equity for debt consolidation increases your risk of foreclosure if you can not make mortgage payments.

The lender also agrees not to initiate foreclosure proceedings, or to discontinue a foreclosure if it's already underway.

Payment Protection is a voluntary loan - payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you.

Paying off a mortgage means you'll be less at risk of losing your home through foreclosure if you lose your job or have a reduction in income.

A mortgage is tied to your home, meaning you risk foreclosure if you fall behind on payments.

Hi Brandon — Unfortunately there is nothing you can really do as the home owner can do anything with their property including ultimately letting it go to foreclosure if they elect to do so.

You are not liable for the deficiency in a non-judicial foreclosure if the property is residential and you live in it.

Generally a mortgage company will only consider a deed in lieu of foreclosure if the loan is in default and in imminent danger of foreclosure.

But it's risky as you lose some equity and could face foreclosure if you fall behind on the loan.

The thinking is that borrowers with little home equity are only a job loss, illness or other unpredictable financial disaster away from not making a house payment and will abandon their home to foreclosure if they owe more than the home is worth.

Although courts have recently begun providing more protections for buyers, it's not uncommon for one missed payment to throw a buyer into forfeiture, or even foreclosure if lateness has been a chronic problem.

The Mortgage is a lien on the real property that gives the lender the right to take the property by foreclosure if you default on the loan.

These payments put limitations on retirees» lifestyles and can lead to foreclosure if they are unable to keep up with their monthly payments after they stop working.

A voluntary loan - payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event happens to you.

Think a «cushion of equity» is going to protect you from foreclosure if you lose your job?

Debt Protection is a voluntary loan - payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you.

foreclosure if surmach unable free south african christian dating sites to pay.

Debt: Taking on debt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressful times.

Regional investors are taking advantage of troubled loans and foreclosures if they can find the capital, but «there are so few transactions, it's not a trend,» says Neely.

Griggs will overlook bankruptcies and foreclosures if a tenant has a history of paying rent on time.

Not exact matches

If the only change on the horizon is higher interest rates, personal bankruptcies and foreclosures will go up.

If you were a homeowner in danger of losing your home at the height of the foreclosure crisis, chances are you soon discovered that your bank's mortgage servicing division was a mess.

«I realized that the flood of foreclosures would one day dissipate and that I needed other sources of revenue if I was going to grow, «says ERA Real Estate franchisee Greg Kurzner.

«State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $ 17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices» a «figure [that] doesn't cover additional billions of dollars in potential claims from federal agencies,» the Wall Street Journal reported on Wednesday.

If the homeowner defaults on his or her payments and the lender faces a loss following foreclosure, mortgage insurance covers the difference and turns a high - risk customer into a zero - risk customer.

He'll try and stretch out foreclosures as long as possible, and if he increases taxes, people might gravitate to low - end retailers,» he says.