Foreclosure is a little bit like gallbladder surgery: you know it exists, you hope you won't have to go through it one day, but there's no reason for you to learn more about it unless it actually might happen. For those that have gone through foreclosure, they would likely take gallbladder surgery any day. In all seriousness, is it essential for homeowners to know that foreclosures are generally classified as being judicial or nonjudicial? The first answer: it mostly depends on what state in which you live. The second answer: the type of foreclosure isn't your choice; it's the lenders'.

How will COVID-19 affect forbearance agreements? The CARES Act included provisions to protect homeowners from foreclosure, but those provisions are set to expire on December 31st, 2020. Without an extension, a significant percentage of homeowners will lean heavily on their forbearance to bridge the gap. 

For those of you who have not hired an attorney before, the idea of having an attorney review a contract may seem expensive and intimidating — it shouldn’t be. ‍The purpose of this article is to shed some light on the process of contract review.