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Updated over 1 year ago on . Most recent reply

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Quiche Lynn
  • Specialist
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Foreclosure Recovery and Settlement Services

Quiche Lynn
  • Specialist
Posted

As I was doing a court debt contract. I come across a client. Requiring help to stop the foreclosure to keep the home. 

As I am explaining there is too much knowledge to how to recover or settle the property and land taxes. The debt contract for foreclosure are extensive. The administration process alone can takes months to go through. This why everyone is refusing to go other routes. They go to court. Instead of researching the spiderweb of contracts dealing with foreclosure 

Again she wanted to keep her home. Well that didn’t happen but she did get a surplus from the foreclosure which was above more than what the house selling price would have been. 

The problem is she was hurt to let go of the home. Successful foreclosures to keep a home i have found take a lot of time and effort to recover settle or to prove the actual point of the purpose of the amount being taken by multiple lenders and banks and outside deals. 

So our private member association. Try not to do foreclosures that has been more than 10 years since it’s a hassle to keep up with the funding and the time it takes to successfully settle the debt 


anyone has this problem?

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

@Quiche Lynn I’m not exactly what the question is?

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