Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho August 15, 2024

Understanding Foreclosure and How to Avoid It

As a homeowner, the thought of foreclosure can be daunting. Understanding what foreclosure is and how to prevent it can provide peace of mind and safeguard your investment. What is Foreclosure? Foreclosure is a legal process where a lender attempts to recover the balance of a loan from a borrower who has stopped making payments. The lender forces the sale of the asset used as collateral for the loan—in this case, your home. How Does Foreclosure Work? The foreclosure process typically … [Read more...]

Filed Under: Foreclosure Tagged With: Foreclosure, Foreclosure Prevention, Homeowner Advice 

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