“Paperwork problems” could be the basis for California homeowners who lost their houses through foreclosure to bring their cases to court. The Los Angeles Times reports that a ruling by the California Supreme Court will allow former homeowners to file wrongful foreclosure lawsuits on the grounds that “uncertainty over the ownership of a … [Read more...]
Should You Choose Short Sale or Deed in Lieu to Avoid Foreclosure?
Sometimes when you are facing foreclosure it is not possible or sensible to keep your home. That does not mean you should simply do nothing and let the foreclosure proceed. Foreclosure destroys your credit and can result in a deficiency judgement, meaning that after losing your home you will still have to pay money. This happens when the … [Read more...]
