Tag Archives: foreclosing

Beware of Lenders Wrongfully Foreclosing on a Reverse Mortgage

A reverse mortgage allows older homeowners to receive monthly payments from a lender based on the homeowners’ equity in their home.  In a typical scenario, a lender makes monthly payments to the homeowner and the homeowner’s obligation to repay the … Continue reading

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How You Can Collect Rent While Foreclosing on a Property

An assignment of rents clause in a mortgage agreement can be helpful when the borrower collects rent from tenants on its property. With the clause, the mortgagee may be able to collect rent payments directly if the borrower defaults on … Continue reading

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St Augustine Foreclosure Lawyer Question: My foreclosure sale date has passed, but we were never sent anything saying they were foreclosing?

In Florida, a lender can only foreclose on real property by conducting a judicial foreclosure. A judicial foreclosure is a foreclosure processed through the court system, which begins when the lender files a complaint and records a Lis Pendens in … Continue reading

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