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    l foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.

    So, your best bet is to do something before yo

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    You have received a notice of foreclosure on your real estate. It may seem hopeless, but the last thing you should do is give up. Many people encounter life-altering events that interfere with their ability to pay their debts. Usually the last payment to be late is the mortgage, but it happens. Too many late mortgage payments mean a possible foreclosure.

    First and foremost, lenders do not want to foreclose on your real estate. They are not in the real estate business and are willing to work with homeowners. If you have not been able to reach a solution with your lender or you have ignored the lender’s letters and phone calls, then foreclosure is their only option.

    In the state of California, there are two types of real estate foreclosures — judicial and non-judicial. A judicial foreclosure is granted by a court to a lawsuit brought by the lender against you, and is necessary when a “power to sale” clause was not included in the mortgage contract. Since commercial lenders usually include the clause, which grants them the right of non-judicial foreclosure, the mortgage contract you signed automatically gives them the power to seize your real estate in order to recoup their losses.

    With the non-judicial foreclosure, you usually have 120 days to redeem your real estate before it is sold. With a judicial foreclosure, your real estate is auctioned off immediately to the highest bidder.

    Under the judicial foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.

    So, your best bet is to do something before yo

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    p>First and foremost, lenders do not want to foreclose on your real estate. They are not in the real estate business and are willing to work with homeowners. If you have not been able to reach a solution with your lender or you have ignored the lender’s letters and phone calls, then foreclosure is their only option.

    In the state of California, there are two types of real estate foreclosures — judicial and non-judicial. A judicial foreclosure is granted by a court to a lawsuit brought by the lender against you, and is necessary when a “power to sale” clause was not included in the mortgage contract. Since commercial lenders usually include the clause, which grants them the right of non-judicial foreclosure, the mortgage contract you signed automatically gives them the power to seize your real estate in order to recoup their losses.

    With the non-judicial foreclosure, you usually have 120 days to redeem your real estate before it is sold. With a judicial foreclosure, your real estate is auctioned off immediately to the highest bidder.

    Under the judicial foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.

    So, your best bet is to do something before yo

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    two types of real estate foreclosures — judicial and non-judicial. A judicial foreclosure is granted by a court to a lawsuit brought by the lender against you, and is necessary when a “power to sale” clause was not included in the mortgage contract. Since commercial lenders usually include the clause, which grants them the right of non-judicial foreclosure, the mortgage contract you signed automatically gives them the power to seize your real estate in order to recoup their losses.

    With the non-judicial foreclosure, you usually have 120 days to redeem your real estate before it is sold. With a judicial foreclosure, your real estate is auctioned off immediately to the highest bidder.

    Under the judicial foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.

    So, your best bet is to do something before yo

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    the mortgage contract you signed automatically gives them the power to seize your real estate in order to recoup their losses.

    With the non-judicial foreclosure, you usually have 120 days to redeem your real estate before it is sold. With a judicial foreclosure, your real estate is auctioned off immediately to the highest bidder.

    Under the judicial foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.

    So, your best bet is to do something before yo

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    You never know what is going to be in the email. You don’t even know what mood the person is going to be in. You don’t know if they are happy or sad or angry or peaceful. You don’t know if they want to start a war or end a war or anything.There is anticipation, excitement.That, my friend, is how your emails should be. They should NOT be predictable, boring, or unexciting. They should not be passively written from some kind of formula. They should proceed from your gut, from your heart.Now do not get me wrong here – you have to know what you are going to say. And you should always write from within your own personality.Do not
    l foreclosure, you may seek a deficiency judgment to recoup some of your losses on the seizure and sale of your real estate. Under some circumstances, you have up to one year to redeem your property. Under the non-judicial foreclosure, you have no rights of redemption nor can you seek a deficiency judgment.

    So, your best bet is to do something before your real estate is seized and sold. Here are some ideas:

    1. Speak to a HUD-approved counselor, especially if you have not kept in contact with your lender or you wish information before contacting them again. A counselor can help you determine what options may be available to you, as well as help you negotiate with your lender to work out a repayment program. To find a counseling agency in your area, call HUD at 1-800-569-4287.

    2. A reinstatement may be possible, if you can promise to pay a lump sum to bring your payments current by a specific date.

    3. Forbearance allows you to delay payments on your real estate for a short period, but you must be able to bring the payments current again by a specific date. Reinstatement generally is used in combination with forbearance.

    4. A repayment plan is another option. It is used for homeowners who are behind in their mortgage payments, they can now begin making payments on time, but they do not have the resources to catch up the past due amount in a lump sum. Usually a lender adds a portion of the past due amount to a specified number of payments in order for you to catch up.

    5. Rather than a repayment plan, your lender may agree to a mortgage modification. There are two possibilities here — (1) add the past due amount to your existing real estate loan and finance it over a long term, or (2) if you need the payments reduced, extend the length of the l

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