Category Archives: Foreclosure Defense
U.S. Supreme Court Rules on Property Tax Foreclosure Across Country
Foreclosure filings in Ohio and elsewhere are unfortunately up, with more than 35,000 nationwide filed in one month, including auctions, bank repossessions, and default notices. Sadly, this recent increase indicates a growing trend. Ohio in particular came in as one of the states with the highest overall foreclosure rates, with one in every 2,478… Read More »
Mortgage Refinancing Mistakes to Avoid
As Columbus foreclosure defense attorneys, we assist a number of clients with mortgage refinancing each year, as this can help homeowners avoid foreclosure, in some circumstances. It is wise to work with a professional when it comes to the refinancing process so that you make sure that it is done correctly and you don’t… Read More »
How Foreclosure Defense Lawyers Can Help You Save Your Home
Although every case is unique, foreclosure defense attorneys can play a critical role in helping homeowners fight the threat of losing their homes. While it is always critical to consult a foreclosure defense attorney as your first step, below, we discuss some of the common means by which these attorneys can help when it… Read More »
New Options For Mortgage Loan Modifications: Are They Ideal For You?
Starting in May, homeowners interested in mortgage loan modifications have a new lifeline that prevents foreclosure: the 40-year mortgage modification, which allows borrowers to have the term of their mortgage extended to 40 years, where the previous limit for loan modifications was 30 years, thus reducing their monthly payments. It is expected to reduce… Read More »
Combatting HOA Liens & Foreclosures
As attorneys who work in foreclosure defense, including homeowners association (HOA) foreclosure defense, specifically, we have seen our fair share of arguably corrupt HOA boards of directors who engage in unethical behavior, including, at times, misusing homeowner funds. In these instances, it is critical that homeowners are empowered to fight back and take action… Read More »
What Is A Deed-In-Lieu Of Foreclosure?
As attorneys who work in foreclosure defense, we’ve seen just what financial crises can do to individuals and families faced with foreclosure. One alternative to foreclosure that some owners consider is what’s known as a deed-in-lieu of foreclosure, whereby the homeowner transfers the title on the property (or hands it over) to the lender…. Read More »
Avoiding Foreclosure When You Have Equity In Your Home
For those who are delinquent on their home payments, a mortgage loan modification, deferral, or standalone partial claim can sometimes help them to stay in the home. However, there are also some circumstances under which homeowners struggling with foreclosure might choose to sell their home instead of pursuing a loan modification in an attempt… Read More »
Should I Pursue A Mortgage Loan Modification?
As attorneys who assist clients with loan modifications, real estate legal issues, and foreclosure defense, we frequently answer questions concerning the realities of mortgage loan modifications. To some, a loan modification sounds like the perfect solution because it can allow you to keep your home and maybe even decrease your interest rate. However, there… Read More »
Unpaid Water Bills, Liens, & Foreclosure In Ohio
One of the most surprising aspects of real estate law in Ohio is that individuals can have a lien placed on their property for failing to pay a water bill – a lien which can then lead to foreclosure and losing your home – a move which, to many, sounds far too extreme. This… Read More »
Discrimination & Predatory Mortgage Loan Modifications In Foreclosures
When foreclosures involve discrimination in terms of targeting specific homeowners for predatory mortgage loan modification services, and interfering with their ability to hold onto their homes in the process, these actions violate the Fair Housing Act. For example, those in violation of the law have, at times, falsely advertised that they can cut your… Read More »