Beware Of Foreclosure Short Sale Scams

When you sign a deed in lieu of foreclosure in a short sale, the foreclosure may still show up on your credit report! Always get the bank to put it in writing.

Facing Foreclosure In Court

If you play in a baseball league, and you don’t show up for a game, the other team wins by forfeit. It works the same way in the legal system.

If you fail to defend your foreclosure simply because you did not answer the complaint, then the judge will automatically give the plaintiff (lender) a “default judgment”. Here’s how you can defend yourself.