Is anyone you know struggling to make mortgage payments? Financial setbacks can happen to anyone, and chances are someone you know has been in this situation. The first thing to understand is that you are not alone, and there are dignified solutions to foreclosure. A short sale is one alternative ... Continue Reading » about Behind on Mortgage Payments? Solutions Ahead
Foreclosure
What Does It Mean When Someone Serves You Foreclosure Papers in Florida?
In Florida, being served means a foreclosure lawsuit has been filed and you have now been formally told about it. The person at the door is a process server, and the packet they hand you is usually a summons and a complaint. Service starts your deadline to respond to the court in writing, counted in ... Continue Reading » about What Does It Mean When Someone Serves You Foreclosure Papers in Florida?
Can Bankruptcy Stop Foreclosure in Florida?
No judgment. Just options. If you are behind on your mortgage and you have started wondering whether bankruptcy is the answer, you are asking a serious and sensible question, and you deserve a straight answer rather than a sales pitch. It is one of the most common questions I hear from homeowners in ... Continue Reading » about Can Bankruptcy Stop Foreclosure in Florida?
What Happens to Your Home Equity in a Florida Foreclosure vs. a Traditional Sale
If you've fallen behind on mortgage payments, here is my first promise to you: no judgment, just options. That includes protecting whatever equity you've built in your Manatee County home, because what happens to that equity depends heavily on which path you take from here. How Equity Behaves ... Continue Reading » about What Happens to Your Home Equity in a Florida Foreclosure vs. a Traditional Sale
How Long Does a Short Sale Take Compared to a Foreclosure in Florida?
No judgment. Just options. When a mortgage has gone sideways, the first question homeowners ask is usually about time — how long each path takes, and which one gets them to the other side faster. It is the right question to ask, as long as you also ask what you are trading away for it. Short ... Continue Reading » about How Long Does a Short Sale Take Compared to a Foreclosure in Florida?
What Actually Starts the Clock in a Florida Foreclosure (And What Doesn’t)
Ask almost anyone in this situation when the clock started and they will point to the day they missed a payment — or the day the bank called. Neither one is right, and that difference is worth real money. Here is the part that matters. In Florida, one specific letter starts the legal clock, ... Continue Reading » about What Actually Starts the Clock in a Florida Foreclosure (And What Doesn’t)