04/26/2023
You might be owed money if you lost your home in a foreclosure action.
Most people who lost their houses to foreclosure auction are unaware that there are surplus funds (the difference between the debt value and the value of the house sold at auction) or that they have a right to claim them.
In a nutshell, you have money to receive from the county. For example, if your mortgage debt is $200,000, but the house was sold for $150,000, your amount to receive is $50,000.
This process is specific and requires lawyers specialized in surplus funds. Our team of specialists will take care of the necessary process so that you receive the difference as quickly as possible to help you purchase another property.
However, some states have anti-deficiency laws or restrict disability judgments after foreclosure.
04/22/2023
What is a foreclosure in a nutshell?
Foreclosure occurs when the bank or mortgage lender takes possession of the property because the homeowner is delayed on mortgage payments. This process can be judicial or extrajudicial, depending on the state. Commonly, homeowners in arrears receive notifications from the county for payment of monthly fees; if you don't pay, the property will be sold in an auction. Then, after 3 or 4 payments behind in your mortgage, you'll receive a "Notice Default." As a result, you have two options, pay the costs behind or sell your house.
When you can't reach an agreement with the lender or get a loan to pay the overdue installments, the best option is to sell your house, pay off the debt and have something left over for your down payment when buying another property. Losing the house to auction is the worst choice, as a foreclosure record can affect you in 7 to 10 years to buy another house. Therefore, the sooner you start to work with your lender or sell your property, the more chance you have to prevent foreclosure.
04/18/2023
Welcome to our page!
Our mission is to serve homeowners facing difficulties and delays in tax, HOA liens, probate, bankruptcy, vacant homes, and mortgage payments. We can help you understand the options to avoid foreclosure or sell your house safely and quickly.
We are a group of problem solvers serving the community, providing valuable information and advice to enable homeowners to understand strategies and options for making the right decisions.
We offer FREE help and advice.
Also, visit our website www.propinvestgroup.com
Please, schedule a meeting with us! It is a pleasure to assist you.
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