A Foreclosure is a situation in which a homeowner is unable to make full principal and interest payments on his/her mortgage , which allows the lender to seize the property, evict the homeowner and sell the home, as stipulated in the mortgage contract. One month after the homeowner misses a mortgage payment, he/she is in default and will be notified by the lender. Three to six months after the homeowner misses a mortgage payment , assuming the mortgage is still delinquent and the homeowner has not made up the missed payments within a specified grace period, the lender will begin to foreclose. The farther behind the borrower falls, the more difficult it becomes to catch up, since lenders add fees for payments that are 10 to 15 days late.
Great home for you to raise a family!!! Property features a 2 bedroom house large living room and eat in kitchen also features rear deck, new heater and much more. Its in...
Listing courtesy of Carp-Banik and Mathew LLC.
Beautiful studio here at Park Plaza. Enjoy a beautiful view from your large balcony. This unit offers many opportunities to personalize to your taste. It also includes 2 ...
Listing courtesy of BHHS Fox & Roach-Center City Walnut.
Welcome to your next investment opportunity - Property is a shell - needs complete renovation. Property being sold in "AS-IS","WHERE-IS" condition. No Sellers Disclosur...
Listing courtesy of American Destiny Real Estate-Philadelphia.
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