How do I know when the bank will foreclose?

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Amelia Robinette
TeamRobinette
www.teamrobinette.net  
703-533-8120

Amelia Robinette is trained in personal financial planning and has an extensive background in corporate finance. She brings her skills analyzing the "big picture" to her mortgage clients. Customer service is the most important thing to Amelia and her team of professionals. Obtaining a mortgage can be a stressful process.  It should be taken very seriously… you are dealing with not only very large sums of money, but your home. 

TeamRobinette understands that these are very important and personal decisions and will guide you along the way, removing any mystery from the process. Amelia has several years of experience providing mortgage options to her clients so they are well informed about all programs available. Amelia's focus is on teaching people how to integrate their mortgage into their financial plan, taking into consideration short-term and long term cash goals, as well as overall investment planning.

TeamRobinette also offers commercial mortgages, housing counseling, reverse mortgages, small business financial planning, and construction loans.

How do I know when the bank will foreclose?

Give yourself every advantage when you're facing foreclosure. And get tips on how to avoid finding yourself in that situation. Expert Amelia Robinette explains what foreclose means, how banks make their decision and what you can do to get back on track.

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Transcripts

Host: How do I know when the bank will foreclose?

Amelia Robinette: The terms of foreclosure are spelled out in your loan documents. Find your loan documents from your purchase or settlement and look for the note or the deed of trust. Your state's rules will be spelled out in those documents. Each state has different foreclosure laws so you need to be certain what your state's terms are. If you have trouble understanding the documents or the language, you can contact the settlement agent who performed your settlement, a real estate attorney or you can contact a local free housing counselor in your area.

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