Category: avoiding-foreclosure

5 Ways to Stop Foreclosure in Florida

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Foreclosures are not a sudden event; there is a lot of warning before the lender implements the final procedure. Putting your head in the sand and hiding from your problems is the worst thing you could do regarding financial issues. Instead, it is always better to face your problems head-on and make the best choice … Continued

Short Sale vs Foreclosure – What’s the Difference in Florida?

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Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Florida? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop making … Continued

What is a Pre-Foreclosure in Florida?

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With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Miami anyway? Many homeowners across America and Miami are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued
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