Facing Foreclosure?

The delinquency letters have stopped. You wonder if the lender forgot about you. Then it happens. You receive an official notice of foreclosure. The lender may or may not exercise their right to foreclosure on your home the next month. If you have gotten to this point and have not consulted an attorney or Realtor you need to act fast. Stop reading this and call a member of The Yeatman Team. You still may have a couple options left. The clock is ticking. You must take action.

FAQ

What is a Short Sale?

A short sale is a sales transaction in which the seller's mortgage lender agrees to accept a payoff of less than the balance due on the loan. This page offers information about the basics of short sales and advice for the real estate professional. (A. Siudzinski, Senior Library Information Specialist)

What Should I Do If I Fall Behind On A Conventional Loan?

What Should I Do If I Can't Make A Payment Or Fall Behind On An FHA Loan?

10

Helpful Numbers

  • Jane Yeatman, SFR

    972-679-6345

Visit houselogic.com for more articles like this.

Copyright 2015 NATIONAL ASSOCIATION OF REALTORS®

Dollarphotoclub_35500206
tEREUy1vSfuSu8LzTop3_IMG_2538
Dollarphotoclub_47004054
Dollarphotoclub_69398555
Dollarphotoclub_64300872
Dollarphotoclub_6677794

Foreclosure From Wikipedia. Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. Formally, a mortgage lender (mortgagee), or other lien holder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).

chained_hands_2_hires

Visit houselogic.com for more articles like this.

Copyright 2015 NATIONAL ASSOCIATION OF REALTORS®

Agents

    Find Your Agent

  • JaneYeatman

    Jane Yeatman

    972-679-6345

    JaneYeatman@Ebby.com

  • EmilyBassettNEW-5x7

    Emily Yeatman Bassett

    972-467-2812

    EmilyYeatman@ebby.com

  • Kelly Ervin

    Kelly Ervin

    972-955-6578

    KellyErvin@ebby.com

  • Sharon Baker

    Sharon Baker

    214-228-5471

    SBaker@ebby.com