Legal Advice on Mortgages

Is Your Mortgage a Purchase Money Mortgage or a Refinance ?. A purchase money mortgage means a loan that was made specifically so that you could buy the house. These normally "close" at the same... more

What is a loan modification?. It is when the lender (Bank) and borrower (Homeowner) enter into a new agreement that replaces or modifies the original agreement. For example the Bank may allow you... more

The Foreclosure Process. Foreclosure is the process by which the lender takes control of the property which was pledged as collateral for the mortgage debt and sells the property to raise money to... more

Foreclosure is the process by which the lender takes control of the property which was pledged as collateral for the mortgage debt and sells the property to raise money to pay on the debt created by... more

Know your monthly budget. The Federal Government recently designed a program to specifically help troubled borrowers save their homes from foreclosure. That program is called “Hope Now.” The program... more

A mortgage is a debt agreement that is made between a person who wants to borrow money and a lender. The major difference between mortgages and other sorts of debts is that the borrower gives real... more

Avoid Mortgage Scams. You may be contacted by people who will tell you that they can save your house. Be very careful about these plans, as most are scams and frauds. Avoid them.

Determine Your Objective. Are you looking for a solution that will allow you to keep your home, or for something else? When people come to me for help with mortgage and foreclosure problems, the... more