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Rights After Foreclosure : Eviction Defenses

Rights After Foreclosure : Eviction Defenses

Eviction defenses are legally availed reasons as to why you should not be evicted from your home even after your home has been foreclosed. Thus if you have them at your disposal you should not be evicted. The following are the defenses available to tenants: Your...
Foreclosures on the Rise

Foreclosures on the Rise

Foreclosures are legal actions through which lenders have the right to terminate mortgages before their terms are over should the debtors fall behind in payments or stop making payments for whatever reasons. Lately the rate at which homes are being foreclosed are...
Foreclosure Deficiency

Foreclosure Deficiency

Foreclosure deficiency accrues when the lender is unable to cover all that is owed to them in the mortgage by the debtors from the foreclosure sale proceeds. This deficiency can also be attributed to a short sale or from a deed in lieu of foreclosure in Massachusetts....
Cash for Keys as an Option After Foreclosure

Cash for Keys as an Option After Foreclosure

For the foreclosing parties or the buyers of foreclosed properties to evict current owners or tenants as soon as possible they may make an offer to these people to achieve this goal.Therefore cash for key is a money offer a new owner or the lender makes to the owners...
What Happens at a Foreclosure Sale?

What Happens at a Foreclosure Sale?

Foreclosure is a legal process through which lenders can collect mortgage debts when the lenders stop paying their monthly obligations.  This process causes people to lose their homes as it sells homes to obtain what is owed to them and considering how meaningful it...