Most people are aware of how traditional mortgages work. A borrower takes out a home loan to purchase a house and that loan is payable within a certain amount of time. That amount of time is typically between 15 to 30 years, but payments are made on a monthly basis….
Category: Foreclosure Defense
Zombie foreclosures occur when a lender has started foreclosure proceedings, yet the borrower leaves the home before the foreclosure process has been finalized and a judge has issued an order for them to leave the property. Soon after the housing crisis in 2008, the number of zombie foreclosures skyrocketed all…
It is true that in most cases, lenders do not want to foreclose on a home. The process for them is lengthy, and they typically do not receive the full value of the loan. Unfortunately, sometimes lenders really do want to foreclose on a home. This could be because the…
Ever since the foreclosure crisis hit Florida in 2008, there have been new foreclosure defense attorneys opening their doors on a regular basis. This is evident by the number of billboards seen throughout the state and the amount of television commercials attorneys create to draw in more clients. Many of…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
There is no doubt that college tuition is becoming more expensive every year. A study conducted in 2018 shows that the cost of higher learning is so great that it causes many people to go into foreclosure. Parents want to help their children achieve greatness but, unfortunately, they simply cannot…
When a lender forecloses on a home, the process typically tends to happen very quickly. It is for this reason that anyone facing foreclosure should speak to a foreclosure defense lawyer right away. However, there are times when the process is delayed, either by the bank or the borrower. In…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…
It is very easy to panic once you fall behind on making your mortgage payments. You may imagine the worst-case scenario, losing your home to foreclosure, even if your lender has not yet contacted you to talk about the missed payments. It is important to remain calm and focus on…
