Don't Fight Foreclosure On Your Own
Last night I saw a news segment about a family who fought foreclosure. According to the report at one point the process server stood outside of their home screaming that they were in foreclosure. This attempt to shame the family into giving in was shameless.
Please know that no matter how much you owe, you do not have to sit by and allow this type of harassment.
In this case the family says that at closing they were presented with a package that was very different from the one they were promised, but they felt pressured to sign.
The case went to court and a judge ruled in their favor, although the lender plans to fight this ruling.
The smartest thing this family did was to seek professional advice; they didn’t try to deal with the lender on their own. No matter how smart you are or how much you know about real estate, this is something you should not handle on your own. When a person is facing the loss of their home, that person is vulnerable in so many ways. You may think you are acting in your own best interest, unaware that you are not seeing the complete picture.
Labels: foreclosure, in the news


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