Defaulting on a mortgage payment does not necessarily mean that your property will be foreclosed. These days, more and more lenders are providing consumers with options to refinance and repay their debts. There are also programs provided by the government that will assist you in preventing foreclosure no matter how far advanced the process is currently. Even a few days before your house is auctioned by the bank, you may still be able to save it by paying expenses, fees, and late charges and continuing to make the loan payments.
It is important to protect your rights. There are other options to avoid foreclosure such as short sale, loan modification or a deed in lieu. At Boyer Law Firm we can help you find the best option to avoid foreclosure and save your credit rating.
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