What happens if you have a lien on your house in Pensacola?
What happens if you have a lien on your house in Pensacola? You may be in a position where you are worried about making the mortgage payments and how this could affect you. Most likely, you are concerned about foreclosure on your Pensacola Property. Here are some things that happen throughout Pensacola and Escambia County in the foreclosure process and what can be done to avoid it.
There are many different situations that a borrower might face when they are unable to make their loan payments. For some borrowers, the only option left is foreclosing — taking the property and selling it at the foreclosure auction. When this happens, the lender is authorized to seize the property in bankruptcy court. Here’s how it works:The lender in this situation is called a “”borrower defense attorney.”” The attorney general or county attorney has appointed a lawyer (or a legal guardian) to represent the borrower in his or her efforts to refinance their loan. The borrower defense attorney works with the lender’s attorney to develop a strategy that will ultimately persuade a judge to deny the borrower’s request for a new loan. A successful strategy depends upon many factors, including:
Preparing the borrower for the hearing
Interrogating the borrower to point out inconsistencies in their testimony
Preparing effective written arguments to support the lender’s position
Researching all relevant laws and precedents thoroughly and bringing them to bear on the case
Handling objections and questions effectively
Thoroughly preparing documents with a persuasive presentation that supports the lender’s argument
Getting a house lien in Pensacola can be a scary moment. You’ve got to figure out how to remove the lien; hire a lawyer; pay a surcharge just to clear your name for the time being. Lien removal companies in Pensacola often charge a lot of money for their time. The good news is there’s an option for people who want to keep their homes in good condition and pay nothing: buymyhouseguru.com
If you’re facing a lien on your property, get cash for your house fast all through Escambia and Santa Rosa County Florida.