Friday, March 22, 2019 03:24 PM
Travel          Hotels Hotels         Tours Tours         Car Rental Cars         Events Events         Flights Flights         Cruises Cruises         Events Refer
Business Name, Category, Keywords
City Name or Zip Code ex: Los Angeles, CA

Foreclosure in Los Angeles, California

Posted last September 2, 2015, 11:57 pm in Services report article

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower (mortgagor)'s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).It is also ,a situation in which a homeowner is unable to make full principal and interest payments on his/her mortgage , which allows the lender to seize the property, evict the homeowner and sell the home, as stipulated in the mortgage contract. One month after the homeowner misses a mortgage payment, he/she is in default and will be notified by the lender.

Consumer Action Law Group
Certified Forensic Loan Auditors, LLC
Foreclosure Recovery Group
Foreclosure Attorneys in Los Angeles
Advocate Legal
Best Alliance Foreclosure
Gomez & Simone
Eviction Defense Group
Sell Your House In 7 Days Los Angeles
ASAP Short Sale
Reliable Trust Deed Services
Noah's Ark Properties
Foreclosure Attorney's Of California
McFarlin LLP
Law Offices of David A. Tilem
Jane Peters, Power Brokers Int'l
F.A.I.R. Program
Asset Foreclosure Services
Simon Resnik Hayes LLP
Eviction Rescue

Asset Foreclosure Services
Consumer Resource Network
Oaktree Law
Fannie Mae
County Records Research
Ure Law Firm
McFarlin LLP
McFarlin LLP
Wadhwani & Shanfeld
Keller Williams Realty : Jamar Jackson
OPI, Inc.
1-800-GOT-JUNK? Greater Los Angeles
Homeowner Rights Law Group, APC
McFarlin LLP
SBS Trust Deed Network
1-800-GOT-JUNK? LA Metro
Freddie Mac
Law Offices of J. Arthur Roberts
1-800-GOT-JUNK? Burbank

Foreclosure Relief Center
Law Offices of Paul Horn
1-800-GOT-JUNK? Santa Clarita
McFarlin LLP
Santa Clarita Pre Foreclosure Specialists 

For more results of Foreclosure in Los Angeles,California click here: 

The foreclosure process as applied to residential mortgage loans is a bank or other secured creditor selling or repossessing a parcel of real property after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust." Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that "the lender has foreclosed its mortgage or lien.