St. Louis Foreclosure Overview: What You Can Expect If You Do Nothing
- Home Owner Misses a Couple of Payments
Homeowner gets notified by bank that foreclosure process is going to begin if payments are not made up immediately. At this point the lender will often offer a repayment plan.
- Lender then will file a notice to the county court making the homeowner’s pending foreclosure public knowledge
This is when the homeowner will start to receive a lot of mailings from we buy houses companies offering to help
- About three weeks later the home is then auctioned off at the courthouse steps to the highest bidder.The previous owner gets evicted from their home by the local sheriff. If their belongings are still in the house, they get thrown into the front lawn.
You don’t have to go through a foreclosure. WE CAN HELP!You just have to fill out this st. louis short sale evaluation form.
Click here information on how to stop a foreclosure.
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