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The Foreclosure Process

Published by Lance Mohr | Filed under Foreclosures


Click on the image above to view video about Foreclosures in Tampa Bay. Foreclosures are on the rise all over the country, and Tampa Bay is no exception. I’ve been getting many questions from home buyers and sellers about how to invest in foreclosures, what to do if one becomes at risk of being foreclosed upon, how to negotiate with lenders to take less than what is owed on a property, etc. In this video I attempt to answer some of these questions and explain pre-foreclosure, foreclosure process, forbearance, “lis pendens”,  REO and other terms related to foreclosures.  As always, feel free to call me with any questions about the Tampa Bay real estate market at 813-317-4009.

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May 2nd, 2007