If you haven't heard yet, there are some very helpful things you can do if you are facing real estate foreclosure. The first is to find out if your state is a Judicial foreclosure state or not. This will help you know how to proceed further.
Next you should find a lawyer in your state that is talking about causing the forclosing entity to produce the paper that gives them the authority to do so. Consider hiring one if you are able. This can be searched for in places like leapfish.com or in blog searches or right here in Active Rain.
If you are able to hire a lawyer or not, get familiar with the procedures in the "prove you own the note" process that you will need to adhere to. Once you understand it, whether you have a lawyer or not, you will be able to keep up with the process much better.
Start the process to ask for the evidence that your foreclosing entity has the authority to foreclose. If you need one place to start with your research try the Consumer Warning Network. They have videos, forms, news footage, and a whole lot more.
There are many people who are successfully applying these remedies to their situation.
Heath Coker, Owner of Cape Group Real Estate
www.CapeGroup.com / capegroup@capegroup.com
508-548-8888 Licensed in MA
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That is great info to pass on. There are a ton of people out here that could really use this. Our market in Richmond seams to be about 50% foreclosures. I wish you the best.
I hope they can use it to their advantage.