U.S. Department Of Housing And Urban Development (HUD) (2)
FORECLOSURE ADJOURNMENTS: Defendants are entitled to two (2) statutory adjournments. Conventional loans also typically have requirements regarding the condition of the property and might not approve your loan without certain repair contingencies, creating a catch-22 since foreclosures are commonly required to be sold as-is. We work with local real estate agents to review similar listings for price comparisons, assess the property condition, and set an accurate price.
WARNING: Since the Notice of Default is recorded as a public document, many fraudulent companies and scam artists search the public records to send defaulted borrowers offers to help” them avoid losing their homes to foreclosure. If you are an occupant of a foreclosed property where the new owner filed an eviction case, talk to a lawyer or call the Tenant Foreclosure Hotline at 1-888-495-8020 to learn about your rights. Three types of foreclosures may be initiated at this time: judicial, power of …