Vance P. Truman, Attorney at Law
Putting People's Financial Worries Behind Them Free Initial Consultation
330-591-4729

Posts tagged "Foreclosure"

Could you benefit from foreclosure affidavits and robo-signing?

When a bank or loan holder applies to foreclose on a property, there is a tremendous amount of paperwork that the loan officer needs to review. An important document that is included with this paperwork is a foreclosure affidavit. This affidavit is signed by the loan servicer as a way of verifying that he or she has reviewed and double-checked the accuracy of all the foreclosure documents submitted.

How long will it take until that foreclosure leaves your record?

Like bankruptcy, foreclosure stays on your financial record. It impacts your credit score. In the future, lenders will be able to see that you didn't pay on your loan and lost your house, and it can impact your ability to get new loans and lines of credit.

Get legitimate help when facing foreclosure in Ohio

When you can't make your mortgage payments, your lender could begin sending you foreclosure notices. Because you haven't paid your loan as agreed, your Ohio lender can threaten to take possession of your home, evict you and sell the property to recoup the loan.

Study: The value of foreclosed homes is increasing quickly

The general trend for home values in the United States, in the wake of the recession and the dramatic dip in value that it created, has been a notable increase. While there are exceptions, many homeowners have seen the values of their homes rise.

Foreclosure rates drop in central Ohio

Home ownership is a great responsibility, and financial institutions are there to help people attain that goal without trading financial independence. This is why struggling to keep a home is difficult to deal with and sometimes hard to accept. People facing this challenge do not need to do it alone.

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Medina, OH 44256

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