Frequently Asked Questions from Florida Homeowners
Get straight answers to your most pressing questions about foreclosure timelines, credit impact, legal options, and more. Our expert team is here to guide you through this challenging time.
FAQs
Get clear answers to your foreclosure questions and find the support you need.
Yes, you may still have options to halt the foreclosure process. Contact us for a free consultation to discuss your situation. We can help you explore potential solutions.
Yes. In most cases, you can sell your home any time before the foreclosure sale, especially if your home’s value is higher than what you owe.
Even if you owe more than the home is worth, you may still be able to sell through a short sale with your lender’s approval. Contact us for a free property valuation and consultation. We’ll help you understand your options and estimate what you could net from a successful sale.
A short sale occurs when a homeowner sells their property for less than the amount owed on the mortgage. This process requires lender approval. It can be a viable option to avoid foreclosure.
Bailout loans are designed for homeowners who need quick access to funds to prevent foreclosure. These loans can be secured quickly, often based on the equity in your home. It's crucial to understand the terms and risks involved.
Foreclosure defense refers to legal strategies used to delay or stop the foreclosure process. This can involve challenging the lender's right to foreclose or negotiating terms. It's essential to consult with an attorney experienced in foreclosure law.
In Florida, the timeline from a missed payment to auction typically ranges from 6 to 12 months. However, if you ignore notices, the court may expedite the process. Staying informed is crucial to avoid unnecessary delays.
Yes, you can remain in your home during the lawsuit process. You maintain possession until a judge officially signs the final sale certificate. This gives you time to explore your options.
A loan modification typically does not hurt your credit. Once approved, it reflects as mortgage paid as agreed, which can improve your score over time. It's a viable option to consider for financial relief.
In most cases, we negotiate deficiency waivers during short sales. This means the bank typically will not pursue you for the remaining balance. It's an important benefit of choosing this route.
No, we do not charge any upfront fees. Our costs are covered through closing proceeds or contributions from lenders. This ensures you can access our services without financial strain.