by adminbank | Nov 10, 2015 | Foreclosure
Most of the foreclosures in Massachusetts are non-judicial foreclosures thus most of the lenders will not have to file a lawsuit with the court for them to carry out a foreclosure. The first way that you can stop a foreclosure is by referring to the Massachusetts...
by adminbank | Nov 6, 2015 | Foreclosure
What determines whether your lender will come after you after a foreclosure sale in order to collect the deficiency amount between what you owe and the proceeds from the foreclosure include whether your state is a judicial foreclosure state or a non-judicial...
by adminbank | Nov 5, 2015 | Foreclosure
After foreclosure your FICO score (created by Fair Isaac Corporation) is likely to drop by an average of 100 pints but if your points were on the higher side the fall is expected to be with between 200 to 300 points. In short, the higher your credit points the greater...
by adminbank | Oct 30, 2015 | Foreclosure
Foreclosure is the legal option a lender considers following a delinquent mortgage with aim of selling the property and using the proceeds to cover the outstanding debt as well as the expenses incurred during the foreclosure and the sale. A short sale on the other had...
by adminbank | Oct 28, 2015 | Foreclosure
This is a legally set time within which a foreclosure lawsuit must be filed with the court. The elapse of these time means that the lender’s claim is invalid thus he/she cannot initiate a foreclosure against your home. A foreclosure is usually treated as a breach of...
by adminbank | Oct 22, 2015 | Foreclosure
There are two types of foreclosures the judicial and non-judicial foreclosures. Only the judicial requires the courts oversight in order to be executed. Foreclosure judgments in the favor of the plaintiff (the foreclosing party) can be attained in the three ways:...
