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King & Corbin Associates, LLP
Home
Clean Energy Rentals
Accredited Investors
Investor Portal
Foreclosure Relief
Pre-Foreclosures
Foreclosures
Excess Proceeds Claim
News & Media
More
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PRe-Foreclosure Solutions

It's our goal to help our clients in the crucial time of need

Pre-foreclosure refers to the beginning phase of a legal proceeding that  ultimately involves repossessing property from a defaulted borrower. In  pre-foreclosure, the lender files a notice of default on  the property because the borrowing owner has exceeded the contractual  terms for delinquent payments. A notice of default informs the borrowing  owner that the lender is pursuing legal actions toward foreclosure.  This is where you should begin looking for Pre-Foreclosure help.

        

Pre-foreclosure can be an important phase of real estate, because the lender may be open  to a last rights negotiation on delinquent debt for the borrower. The  borrower often has a final opportunity to potentially reverse the  default status by either making up late payments negotiating a  modification, or possibly opting to sell the property before it reaches a  final foreclosure eviction. 

Key Facts

Pre-foreclosure usually begins when the lender files a default  notice on the property because the homeowner has exceeded the  contractual terms for delinquent payments (often three months of  delinquent non-payments).


In pre-foreclosure, mortgage borrowers  can still have some options, including making backdated payments,  negotiating a modification, or arranging a short sale.

TIP: Beware of Pre-Foreclosure help scams. Don't pay anyone Upfront fee's.

King & Corbin Associates, L.P.

King & Corbin Associates, L.P.

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  • Home
  • Clean Energy Rentals
  • Accredited Investors
  • Investor Portal
  • Foreclosure Relief
  • Pre-Foreclosures
  • Foreclosures
  • Excess Proceeds Claim
  • News & Media

King & Corbin Associates, L.P.

866-440-7828

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