Look to Me in the Event of Foreclosure or Eviction
If you believe your home has been wrongly foreclosed, don’t hesitate to get in touch with me. I serve property owners in the Dallas/Fort Worth metroplex and fight for their rights to keep their homes. I understand the toll COVID-19 has taken on homeowners and renters alike, and I am here to protect you in the event of an unfair foreclosure or eviction. I will look into your specific circumstances and determine if you have a case to keep your home. Reach out to me with questions about this process or to schedule a consultation.
Foreclosure Process: What to Know
The foreclosure and eviction processes are complicated, to say the least. I want to ensure that you understand the basics of these procedures. After all, knowledge is power, and you can more easily fight for your rights when you know what they are. Below, you’ll find a few fundamentals of the foreclosure process:
In the state of Texas, most lenders are required to send a right to cure default notice sometimes referred to as breach letter. This document is written to inform the borrowers that their loan is in default and that foreclosure is the next step. These letters must include a date by which the borrower must remedy (pay) the default.
If the specified date passes without the default being cured, the lender must send the borrower a notice of foreclosure sale. This document will inform the borrower of the date, time, and location of the foreclosure sale. You should contact me immediately if you have not already done so in order to have time to seek a restraining order if you are eligible for one.
Once the property has been sold, the eviction process can begin. The new owner typically sends the borrower a three-day notice, within which they must vacate the property. If you find yourself in this stage of the post-foreclosure process, be sure to have a seasoned real estate attorney like me on your side. You should contact me immediately if you have been served with an eviction as there are strict and fast deadlines that apply.
Navigating Mortgage Modifications
Are you in need of a mortgage modification because you have been in default or a forbearance? I can help. You may have fallen behind on your mortgage for any number of reasons. Today, financial trouble brought on by COVID-19 is a common reason you may not be able to pay. Fortunately, I am here to help you work with various mortgage servicers. I can help you understand everything from eligibility requirements to what information you need to send your mortgage servicer to obtain a modification. Types of federal mortgage loans that I can help with include:
- Federal National Mortgage Association (FNMA)
- Federal Home Loan Mortgage Association (FHLMC)
- Asset-Backed Security (ABS)
- Federal Housing Administration (FHA)
- Veteran Administration (VA)
- United States Department of Agriculture (USDA)
Answering All Your Questions
I understand that you likely have lots of questions when it comes to mortgage modification loans. I have years of experience dealing with this type of real estate law, and I can help you find the loan modification that is right for your circumstances. After a consultation, I can work to find the answers to the following questions, among others:
- Is your forbearance about to expire?
- Can you explain your hardship?
- Is a trial period required or is waived?
- Is your loan in a first or second lien position?
- Will you be required to have an escrow account?
- What forms do you need to send to the lender?
- Can you lower your interest rate?
- Are there special modification programs because of COVID-19?
- Can you get a restraining order to stop a foreclosure or eviction if the lender did not process your modification application?
- Can you qualify for a loan modification? Are you sending the lender the correct supporting documents needed to show your qualifications?
I Will Fight for You
When you receive a foreclosure notice, reach out to me right away. If you have experienced a problem with getting your loan modification application processed properly please do not feel alone. Unfortunately, in general, mortgage servicers have a long history of violating consumer rights and have been subject to millions of dollars in federal fines for violations. Do not delay in contacting me if you feel like you have been a victim of mortgage servicing abuse. I understand the matter is urgent, and I will evaluate your case as soon as possible. I have years of experience with real estate law, and I am ready to apply that expertise to your specific situation. I work hard to ensure Texans throughout North Texas retain their rights in the event of a mortgage foreclosure or eviction. Trust me during this difficult time. I welcome you to schedule a consultation where I will analyze your case.