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Don't let the banks take your home
This site is for homeowners who are in jeopardy of losing their home to foreclosure. My name is Michael Gomes and in 2009/2010 I was in the process of losing my primary residence and my investment properties to foreclosure. I was depressed and didn't know what to do. After a while I wanted to give up and just surrender to the process by letting the banks foreclose on the properties. However I began to think logically rather than with my emotions and explored other alternatives. I am here to show you what your options are too.
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing a sale of the home used as collateral for the loan.
Typically once you stop making payments the lender will send the homeowner a notice which is called the Notice of Default. The notification states that you have missed payments so therefore you are in default. If you continue to miss payments the lender will then serve you with a Notice of Trustee's Sale. This notice informs the borrower that their home will be sold at a trustee's sale (sheriff sale) on a specific date, time, and location. If you are at this conjuncture you still have time to avoid foreclosure. Contact at our team to discuss your options.
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