Educate yourself in the Foreclosure Process
Posted Dec 18, 2007 @ 12:19 am, Viewed by 961 Visitors, Read 977 Times.I'm not a Real Estate Attorney and I'm not going to pretend to be one but a conversation I had with a homeowners lenders representative today gave me a really good understanding of what may be happening to other homeowners facing potential foreclosure.
First of All - ALL States have different Foreclosure Proceedings. The foreclosure process for a homeowner in Nevada is certainly different then the foreclosure process in Illinois and I highly suggest that you read and understand the foreclosure process. My conversation with a representative from this particular lender certainly made me aware that when the lenders representatives call, they may be giving the wrong time frames and process of foreclosure.
The conversation and the information relayed to me by this representative was distorted and it made me realize just how much poor information there is out there. This particular representative made statements that were not clear and it's no wonder why so many Americans are dazed and confused with their current mortgages because this representative did not even know the foreclosure process.
I'm not going to blame this representative but I will blame the company for hiring people to make phone calls when they have failed to properly educate their representatives when discussing foreclosures.
- Make sure you read the foreclosure process in your state from an Independent source.
- Contact a Real Estate Attorney that understands the foreclosure process.
- Educate yourself on the process and at least learn the basics!
Once you do this, you should have a better understanding of what we need to do to get your Las Vegas home sold!
Paul Francis, CRS
Prudential Americana Group - Realtors
Las Vegas Real Estate
702.592.3058
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Paul Francis, CRS specializes in the Master Planned communities of Las Vegas including Summerlin Real Estate, Lake Las Vegas and Green Valley Real Estate. Read More
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