WHAT YOU SHOULD KNOW ABOUT FORECLOSURE IN FLORIDA | MIAMI FORECLOSURE ATTORNEYS
The foreclosure process is not good for anybody. Once you get behind on your payments, your mortgage company will become your adversary. It won’t look for ways to help you keep your home. Many people who fall into default with their mortgage loans often experience some sort of hardship which set them back from being able to pay. We offer 8 clues about the foreclosure process in Florida.
1- What is foreclosure?
Foreclosure is when the bank files a lawsuit against you for not paying your mortgage payment on time. They’ve given you notice that you haven’t paid, the payment hasn’t been made, so now they’re suing you to collect the money and take the collateral, which is your home.
2- Who pays the foreclosure fees in Florida?
The foreclosure fees are actually allocated to the borrower in Florida. These are based on the contracts because in the contracts that you sign, which are usually the note in the mortgage, it says if there’s any foreclosure, then any costs, attorney fees that are associated with that foreclosure, are bared by the borrower.
For more about foreclosure and how it can affect you, contact the foreclosure defense attorneys in Miami at Marrero, Chamizo, Marcer Law, LP. Call (305)239-4699 to schedule a consultation with our Miami Foreclosure Attorneys Today!
