The status of a property which is in the early stages of being repossessed due to the property owner's inability to pay an outstanding mortgage obligation. Reaching p ... more
1. What is the normal
deed in lieu of foreclosure.
A deed in lieu of for ... more
1: Missed payments
2: Public notice
After receiving Notice of Default from the lender, the borrower enters a grace peri ... more
Water damage and dry rot in fore ... more