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Close Topic OptionsGuidelines to Help Stop Foreclosure
Guidelines Stop Foreclosure - Politics, Business, Civil, History - Posted: 5th May, 2011 - 5:50am
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Post Date: 4th May, 2011 - 8:30pm / Post ID: #
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Guidelines to Help Stop Foreclosure
Guidelines to Help Stop Foreclosure
Real Estate Related News
If you want to stop foreclosure on your property but you don't know where to start, you are not alone. For many Cincinnati homeowners, stopping foreclosure is a very intimidating task. However, it does not have to be. The following are steps which you can take towards stopping foreclosure on your home.
Source: Real-Estate:Foreclosures
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Post Date: 5th May, 2011 - 5:50am / Post ID: #
NOTE: Informer [?]
Foreclosure Stop to Guidelines
General Foreclosure Information and Foreclosure Defense
Real Estate Issues and the Law
Foreclosure is the legal process by the lien holder, usually the Mortgage company, in which they obtain a court order terminating the delinquent borrower's equitable right of redemption. Usually the lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower repays the debt. While this equitable right exists, the lender cannot be sure that it can successfully repossess the property, thus the lender seeks to foreclose the equitable right of redemption.
Source: Legal:Real-Estate-Law
TOPIC: Guidelines to Help Stop Foreclosure