Podcast: Play in new window | Download (Duration: 59:23 — 70.5MB) | Embed

Subscribe: Apple Podcasts | Android | Email | RSS | More

6/27/2022

Many homeowners have recently received a Notice of Default, why now?

For more than two years, the federal government and has put a moratorium on foreclosures. Meaning, if someone was behind prior to the pandemic, they could not be foreclosed on. Many became behind due to the pandemic and as stated, there was nothing that the bank, county (think property taxes), or HOA’s (yes, that’s right, your HOA can foreclose on you), good do to collect or move forward with sale to rectify the balanced owed.

In today’s episode we talked about the following:

• What is a notice of default?
• How much time do you have before being issue a notice of trustee sale?
• What is a notice of trustee sale?
• Are you in jeopardy of losing your home?
• Do you have any options to save your property outside of paying the lender the full balance due?

Sometimes selling your home is your only way to take care of your balance due, but if there is a way to save your home and get you back on track without the sale of your home, Mortgage Mom Radio is here to help you make that happen!

We have multiple homebuyer workshops scheduled for the rest of the year. RSVP now for our closest date! See below.

Homebuyer Workshop

https://www.eventbrite.com/e/367079603977

Book your free phone consultation today, BOOK NOW

We are LIVE on YOUTUBE every Monday and Wednesday @ 1PM PST. Interact with us LIVE while we record! Ask us your questions right in the comments.

Debbie Marcoux is licensed by the Department of Financial Protection and Innovations under the California Residential Mortgage Lending Act, NMLS ID 237926, also licensed in AZ-0941504, FL-LO76508, GA-69178, ID-167867, IL-031.0058339, NC, NV-57237, OR, TN-184373, TX, WA-MLO-237926