If you haven’t been able to keep up with your mortgage payments, and have missed your deadline date for the last 2 or 3 months, you can expect your lender to take action. Call your attorney in Aurora when you see it coming. The sooner your attorney is involved, the more options you will have.
Foreclosure is a legal procedure used by a mortgage lender against a homeowner who is behind in payments. You will be issued a “notice of default,” and given a certain amount of time to come up with what you owe. If you can’t, the lender may proceed with foreclosure.
Before it comes down to eviction, or auction of your property, your attorney in Aurora will have stepped in to try to negotiate on your behalf. Foreclosure can be expensive for the lender, so he will be open to communication.
Call Parker Lawyers, 303-841-9525, specialists in Real Estate law.