Posted by Christina Tidd // April 19, 2017 // Blog / Featured //
Buying a home is one of the biggest investment decisions that one can ever make and it can bring the happiness of a lifetime. Therefore, nobody buys a home with an intention to lose it on foreclosure, but most people end up not paying their mortgage loans because of unexpected circumstances. There are situations that […]
Posted by Christina Tidd // April 5, 2017 // Blog / Featured //
When you fall behind on your mortgage payments, you can find yourself in real financial trouble. Soon after you have missed a few payments, you will start to get phone calls and letters threatening foreclosure. Before the bank moves on to the final step and they take your home, you have a few options. 1 […]
Posted by Christina Tidd // March 15, 2017 // Blog / Featured //
After you have missed more than three mortgage payments, your home lender will file a Notice of Default (NOD). This is the first step to a foreclosure. At this point, most people worry that it is inevitable that they lose their home. This is not always the case. If your home does go into foreclosure, […]
Posted by Christina Tidd // March 1, 2017 // Blog / Featured //
If you are living in Colorado and you have missed a few mortgage payments, the lender can start the pre-foreclosure process and then foreclose on the property. In Colorado, lenders can either use a judicial foreclosure process or a nonjudicial process. In most cases, the lender will use the nonjudicial procedure because it is less […]
Posted by Christina Tidd // February 15, 2017 // Blog / Featured //
A home is said to be in a preforeclosure if the lender files a notice of default against a borrower for failing to make payments towards his mortgage loan. A home will remain in this situation for at least three months or depending on the decision of the lender. When a homeowner receives a notice, […]