Know Where You Are At In Your Foreclosure Procedure
Becoming an educated homeowner will be your best defense in finding a way to stop your foreclosure procedure. An important part of being educated about foreclosure is knowing where you are at in the foreclosure procedure. Timelines can vary widely from state to state so you need to educate yourself about what those timelines are.
Where exactly you are at in that timeline is critical for understanding what your rights are for knowing what the next steps are in your foreclosure procedure. An important first question to answer is: Has your mortgage company’s lawyers filed papers with the court? If so, you should have received a copy of what they filed.
I know that it can be difficult to understand the legal terminology in those documents but do the best to you can to read and understand what it says and what it means. That document will give you at least some information about important upcoming dates in your foreclosure procedure.
Another good resource for finding out where you are at in your foreclosure procedure is your mortgage company. They should be able to tell you where your file is in their system and what you can do to save your home from foreclosure.
Tags: foreclosure procedure