A Contract for Deed Lawyer in Kansas City Debunks Myths About Foreclosure in Kansas City — Are you unable to make your house payment? Do you think you may need a Kansas City foreclosure attorney? Foreclosure is something many homeowners fear. Fortunately, it can be easily prevented, and all the things you may have heard about foreclosure aren’t all true. At KC Foreclosure Law, we help families find the best solutions when facing foreclosure. As an experienced foreclosure attorney in Kansas City, we want to debunk common myths about foreclosure.
Contract for Deed Lawyer in Kansas City Myth – If I miss one home payment, I will lose my home
Missing one payment on your home will not automatically start the foreclosure process. The foreclosure process begins when you are at least 90 days delinquent. Contact a Kansas City foreclosure attorney when you receive this notice. You will likely be contacted by your lender or even receive a formal letter alerting you of possible actions, but missing a single payment will not begin the foreclosure process. If you are going to be late on a payment, it is crucial that you inform your lender.
Contract for Deed Lawyer in Kansas City Myth – You can’t stop the foreclosure process once it starts
This myth is false. There are many options available to halt a foreclosure sale. However, it is hard to stop it once your home is put up for public auction (the final stage in foreclosure). One way you can stop the foreclosure process is to pay back all your missed payments. Contact a foreclosure attorney in Kansas City to help you.
Contract for Deed Lawyer in Kansas City Myth – Foreclosure will ruin my credit forever
While a foreclosure will surely hurt your credit, it will not ruin it forever. A foreclosure will likely stay on your credit report for at least up to seven years, but it is still possible to get a mortgage again after you can prove to a lender that you are financially stable. A Kansas City foreclosure attorney can help negotiate terms sometimes to help with credit situations as well.
Contract for Deed Lawyer in Kansas City Myth – A foreclosed home is extremely discounted
Many people expect to pay considerably less for a home going through the foreclosure sale process than a non-foreclosed home. However, while foreclosures may be discounted from what the current owner paid for it, the discount is relatively modest.
Contract for Deed Lawyer in Kansas City Myth – I have no choice but to foreclose my home
There are many choices available to avoid a foreclosure, but most people are unaware of their options that is why you should contact a foreclosure attorney in Kansas City. They can advise you of all your options when it comes to properties and foreclosures.
Do You Need Foreclosure Help?
Are you worried about losing your home? Our team at KC Foreclosure Law can help you understand what you are up against and provide options for fighting foreclosure.
Do you need a contract for deed lawyer in Kansas City? Real Estate law is a wide-ranging practice area. KC Foreclosure Law is your one-stop-shop for favorable outcomes across the spectrum of real estate law. From filing a quit claim deed in Kansas City to trustee assistance. KC Foreclosure Law is here for you whether you need to transfer property ownership, litigate complex ownership disputes, evict a tenant, or even find yourself in the middle of a closing dispute. Our contract for deed lawyer in Kansas City is here to help you with everything from redemption rights in Kansas City to mortgage defaults.
Our attorneys frequently advise clients on foreclosure matters including losing your home and working through forbearance. If you find yourself at risk of losing your home call KC Foreclosure Law for a free consultation. Your attorney’s primary role is to go over all your options when facing foreclosure. Foreclosure attorneys have expansive knowledge that can help you avoid pitfalls, save time, and provide the best chance of saving your home.
Your foreclosure attorney will meet with you to devise the best plan of action for your situation. This may involve loss mitigation, loan modifications, filing for bankruptcy, or discussing plans to represent you in court outright. Your Kansas City foreclosure attorney will give you professional advice while helping you make the best decisions for your unique situation
KC Foreclosure Law
Your source for lease option foreclosure help in Johnson County Kansas, and much more.
