When Looking at Stopping Foreclosure, Naples Residents Need to Know the Facts
If working at stopping foreclosure, Naples homeowners should know they are not alone. Foreclosures have swept the country and Florida in the wake of the recent housing boom. Naples has felt the effect of this trend as well. Because foreclosure is a complicated and emotionally draining process, the majority of homeowners do not respond when served a foreclosure notice. Failing to act most often results in the loss of the home. Do not fail to act. Alliance Legal Group can help you to understand what your rights are and how you can best respond to potentially slow or even stop your foreclosure.
To Be More Effective At Stopping Foreclosure, Naples Homeowners May Want to Get Professional Advice
When stopping foreclosure, Naples residents can have Alliance Legal Group guide them through the process. With experience in foreclosure cases, we can help to inform you of your options. Missing mortgage payments does not eliminate your rights. Allow one of our attorneys to inform you what options may be possible for your defense. We are prepared to aggressively fight for your rights.
If Looking for an Advocate When Stopping Foreclosure, Naples Homeowners Should Look to Alliance Legal Group
Our mission is to serve as advocates for homeowners in foreclosure. It has been found that mortgage-lending practices during the recent housing boom contained irregularities. These include terms that were not disclosed at the time of signing and lender violations of legal requirements. More recently, errors in foreclosure filings have also been found. Alliance Legal Group offers a free loan audit and foreclosure paperwork analysis. This review of your documentation could reveal errors and violations in your loan and foreclosure papers. Alliance Legal Group may be able to use any violations or errors found to negotiate a more favorable resolution to your situation. When working toward stopping foreclosure, Naples homeowners should get a free loan audit and foreclosure paperwork review. Contact us now for your free consultation.
Saving Your Home May Depend on How Well-Informed You Are
Being prepared to fight foreclosure is vital. Knowing what your documentation says may make all the difference. Items discovered in the review of your paperwork may possibly be used to slow or even stop your foreclosure. Alliance Legal Group will help guide you past the difficult-to-understand legal jargon so that you know your rights. Armed with this information, Alliance Legal Group will aggressively negotiate with your lender on your behalf.
Loan Modification May Still Be An Options for Saving Your Home
If you were the victim of unscrupulous lending practices it may result in the ability for Alliance Legal Group to negotiate a better outcome to your foreclosure. Some homeowners have begun to successfully sue their lenders because of these practices. Our free loan audits have found lender violations in eight out of ten cases. Errors in foreclosure paperwork are also being found during our reviews. These errors and violations may open up the possibility of more options for you, such as short sale, deed in lieu of foreclosure and loan modification. If these options are available, it may be possible to slow or even stop your foreclosure. Do not wait to take action. Contact Alliance Legal Group today. If serious about stopping foreclosure, Naples homeowners should call Alliance Legal Group now for their free consultation.
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To better understand stopping foreclosure Naples residents need to know some alarming facts
If working at stopping foreclosure Naples residents should prepare for some harsh news. Recently a report came out that stated twenty percent of housing units in Florida were vacant. If that is not alarming enough, Collier County has a vacancy rate of thirty two percent. The roadwork for this tragedy was laid years ago in a host of lending offices. Loans were written with standards that dropped lower and lower until, in the end, many of them contained regulation violations and fraud. Loans went to unqualified buyers, and those that did qualify received loans that worked like time bombs, with rising payments that eventually outgrew the homeowners’ ability to pay. The banks were bundling loans together and selling them as investments. The profits were phenomenal and so the banks paved the road for more by accepting less qualified loans. The natural result was home foreclosures- a lot of home foreclosures.
When working at stopping foreclosure Naples homeowners should know that fraudulent paperwork in their loan and foreclosure documents is not uncommon
If struggling toward stopping foreclosure Naples area homeowners should know that the alleged fraud was not confined to lending alone. Once the homes in Florida went into foreclosure in record numbers, a new nightmare unfolded. Law firms who processed foreclosures for banks began to receive enormous amounts of foreclosures. This made for fabulous income for the firms and they grew rapidly so they could process more. In the midst of this, their standards allegedly fell until they too were committing fraud. It has been alleged that documents were fabricated and signatures were forged in order to keep the pace going. Allegedly untrained individuals were handed foreclosures to process and they rapidly processed away the dream of owning a home for thousands upon thousands Florida residents. Each case had to have its day in court and so the state created a special type of court staffed with retired judges. The judges were tasked with handling the overload of home foreclosures as quickly as possible. These courtrooms did nothing to stop foreclosures but rather sped them up, processing cases in as little as thirty seconds. Between the law firms and the fast-process courts, many thousands of Floridians lost their homes at pace never before seen.
To understand stopping foreclosure Naples homeowners may need to realize that they also play a part
To better work at stopping foreclosure Naples area homeowners should know that they have a part to play as well. In all of this there is the unavoidable fact that people fell into foreclosure because of delinquent home loan payments. Whatever the reasons, the homeowners defaulted on payments in most cases. The unfortunate reality is that most people do not understand that missing payments does not eliminate their rights. Delinquent homeowners still have options. Sadly, 95% of the people who received foreclosure notices in the past gave up and did not attempt to fight back by appearing in court. Their homes were lost without a fight and many of them had rights and opportunities they knew nothing about. Alliance Legal Group’s free loan audits have found lender violations and errors in eight out of ten cases. There is no reason to sit idle why your home is taken. You can do something about it. Call Alliance Legal Group to find out your rights and learn the options you may have to fight against foreclosure. To take a serious stand toward stopping foreclosure Naples residents should call right now.
Information in this blog gathered largely from: Las Vegas Sun article Nevada AG sues Bank of America for home loan, foreclousre practices by Steve Kanigher; AZCentral.com article Arizona sues BofA for alleged mortgage fraud by Catherine Reagor; Reuters.com article Two states sue Bank of America on mortgage servicing by Dan Levine; USA Today article Arizona, Nevada sue Bank of America over adjusted loans by Bob Christie, Associate Press, Reuters article entitled BofA, Wells, Citi see foreclosure probe fines, Wall Street Journal article U.S. Pushes Mortgage Deal, Tampa Tribune articles Florida Attorney General widens foreclosure firm probe by Shannon Behnken, Another law firm gets attention of attorney general by Shannon Behnken, Lawyer rode Florida foreclosure tide to the end by Michelle Conlin, CNNMoney.com via Yahoo article Nearly 20% of Florida homes are vacant by Les Christie.
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