Foreclosure notice of default in Minnesota– what is it?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default must be sent to anyone who has … Continued

What is a Pre-Foreclosure in Minneapolis?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Minneapolis anyway? Many homeowners across America and Minneapolis are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

Foreclosure Prevention Measures In Minneapolis and the rest of Minnesota

Local Minnesota homeowners who are facing a financial challenge may find themselves in foreclosure. Foreclosure is when the mortgage loan doesn’t get paid back and the bank begins the process to take ownership of the property to recoup its losses. If you find yourself entering the foreclosure process, you might wonder if there is anything … Continued

Help For Foreclosure In Minneapolis – 3 Ways To Avoid Foreclosure

Few things are more devastating to families than the prospect of foreclosure. You own your home and you love it — it serves you well. Yet, due to unfortunate circumstances, foreclosure may seem imminent. For local Minnesota families facing foreclosure, the stress can be almost unbearable. Worse yet, the foreclosure process can take months or even … Continued