Senate Bill Provides Financial Relief for Owners of Dublin Ranch Homes
By Roger Clark
(Lifestyle Real Estate Services)
Owners of Dublin Ranch homes have been feeling the pressure of their mortgages for some time now. For some, selling their home as a short sale and even going losing their home to foreclosure have been their only options. Luckily, a new law gives home owners additional time before being forced into foreclosure; to see how it can help you, read on. Senate Bill 1137 provides clearer communication from lenders and, as a result, owners of Dublin Ranch homes will have some additional time to work out their options. The bill states the loan servicer must contact you a minimum of three times before they can proceed with the foreclosure. They must also have contact with at least one borrower, on the phone or in person, and they must work through with the borrower their financial situation and t...
Comments
0