Foreclosure 101

Foreclosure 101: RMFM

Twelfth Judicial Circuit Residential Mortgage Foreclosure Mediation Program (RMFM) Per Administrative Order 2010-11.1 If you are a homestead property owner of property in Sarasota County, Manatee County, or DeSoto County, whose foreclosure was filed on or after June 21, 2010 you are automatically eligible to participate in the Twelfth Judicial Circuit’s Residential Foreclosure Mediation Program .. read more

On March 23rd, 2011, posted in: Foreclosure, Real Estate by admin Tags: , ,

Foreclosure 101: Foreclosure Defense

If you have tried to contact your Lender for a loan modification, short sale or deed in lieu and were unable to obtain the result desired, you are not alone. Nowadays, Lenders and their servicers are inundated with requests for loan modifications, short sales and deeds in lieu and they simply do not have the .. read more

On March 22nd, 2011, posted in: Foreclosure, Real Estate by admin Tags: , ,

Foreclosure 101: Foreclosure Alternatives

If you are a homeowner who has defaulted on a loan, please know that foreclosure IS NOT the only alternative. You have many other options available to you, and your individual strategy for handling your foreclosure will be based upon your particular circumstances. The first question you need to ask yourself is “Do I want .. read more

Foreclosure 101: Foreclosure Basics

Foreclosure is the legal process that your Lender must follow to foreclose your mortgage and force the liquidation of your property. Generally, when you acquire a parcel of real property you sign both a Promissory Note and a Mortgage. The Promissory Note establishes your obligation to pay your Lender in accordance with the terms of .. read more

On March 16th, 2011, posted in: Foreclosure, Real Estate by admin Tags: , ,