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Get to Know Your HOA
Over 80% of new homes sold today are governed by homeowner associations, or HOAs. If you own a home in a community with an HOA, you should get to know your HOA for a number of reasons. First and foremost, working with your HOA protects your investment. After all, in some cases you’re just one…
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Coronavirus Prompts Suspension of Foreclosures in DC area
The raging coronavirus epidemic has prompted the suspension of foreclosures in DC, Virginia and Maryland. Pursuant to the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), servicers of federally-backed mortgage loans may not initiate or execute any judicial or nonjudicial foreclosure-related eviction or foreclosure sale. Two-thirds of residential mortgages in the United States…
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7 Ways to Stop a Foreclosure Sale Fast
If you have a foreclosure auction scheduled, then you must act fast. Here are the top seven ways to stop a foreclosure sale fast. Reinstatement. Mortgage reinstatement is your first and best option when facing foreclosure. When you reinstate your mortgage, you pay a lump sum to catch up your missed mortgage payments, late fees…
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Foreclosure Defense Lawyer Serving Washington DC Area
Mortgage companies have lawyers. If you are seriously delinquent on your mortgage, then you need your own foreclosure defense lawyer. Once your mortgage company schedules a foreclosure auction, your options become more limited. Contact a lawyer as soon as you know you won’t be able to reinstate prior to foreclosure. Foreclosure defense lawyer in Washington…
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Interviewing for a Job with Foreclosure on Your Credit Report
Most employers today run a credit check before they hire. But not every employer cares enough about your credit history to analyze it thoroughly. If you have a foreclosure on your credit report, preparing for an interview should include understanding how to address the issue if it comes up. You will know if a potential…
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When Filing a Chapter 13 Bankruptcy, Timing Matters
Timing matters in Chapter 13 bankruptcy. Just as important as knowing whether to file is knowing when to file. Issues surrounding the timing of the filing of a Chapter 13 bankruptcy can cause your case to be dismissed. When you must file quickly You must file your bankruptcy prior to a foreclosure auction or you…
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Should I Short Sale My Property?
A short sale is when your mortgage company agrees to allow you to sell your property for less than the amount owed on the mortgage. If your property is underwater then a short sale is one of your options. How do short sales work? Short sales start the same way as any other home sale:…
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Don’t “Tip Your Hand” to Your Mortgage Company
Filing a Chapter 13 bankruptcy will cancel any scheduled foreclosure auction. Once you file bankruptcy, the automatic stay takes effect and your mortgage company must immediately halt all foreclosure activity. But if you’re planning to file bankruptcy to stop a foreclosure, don’t “tip your hand” to your mortgage company. Do it, don’t just say it…
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Telltale Signs It’s Time to File for Bankruptcy
Living in a state of debt has become the accepted way of life for many. Although bankruptcy has become far more common than it was decades ago, it still intimidates many Americans who are in a situation where filing may be best. You should consider filing bankruptcy when what you owe exceeds what you can…
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The Hidden Costs of Owning a Home
According to the Urban Institute, 63 percent of millennials who bought homes have regrets resulting from underestimating the hidden costs. Zillow found that American homeowners spend nearly $9,400 in hidden costs to own and care for a median-priced home. Let’s first differentiate hidden costs from not-so-hidden costs. Not-so-hidden costs: Mortgage, taxes, and insurance Your mortgage…
Foreclosure
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Foreclosure
Getting a foreclosure notice feels like the end. It isn’t — but the clock is ticking.
Your lender has no obligation to help you. In fact, they’re counting on you doing nothing. Every day you wait narrows your options and brings the auction closer.
Lee Legal stops foreclosures. Attorney Brian Lee has over 20 years of experience and has helped thousands of DC, Virginia, and Maryland homeowners protect their homes through loan modifications, refinancing, workout agreements, repayment plans, and bankruptcy protection.
We know every stage of the foreclosure process — and we know how to beat it. The moment you receive a notice of intent to foreclose, call us. We’ll assess your situation, explain your rights, and start fighting for your home immediately.
No judgment. No pressure. Just answers — and a plan.
Call Lee Legal today at (202) 448-5136. Your free consultation is waiting.
Posts by Practice Area
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