Looking On The Bright Side of
Understanding Pre-Foreclosure: What You Need to Know Pre-foreclosure is a term that refers to the period before a property is officially foreclosed upon by the lender. This stage becomes critical for homeowners who are struggling to keep up with their mortgage payments, as it presents both challenges and opportunities. During this time, homeowners may receive a notice of default, which indicates they have fallen behind on their payments. Understanding the pre-foreclosure process can help homeowners regain control of their financial situation or allow investors to identify potential real estate deals.…
Read More