What is a Pre-Foreclosure in Beverly?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Beverly anyway? Many homeowners across America and Beverly are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued

How Foreclosure Works in Massachusetts

Understanding the foreclosure process in Massachusetts is a crucial part of navigating your home foreclosure. Before we get into it… How Foreclosure Works in Massachusetts What is foreclosure anyway? The Merriam-Webster Dictionary says foreclosure is: “a legal proceeding that bars or extinguishes a mortgagor’s right of redeeming a mortgaged estate” And for those among us who don’t … Continued