Idaho Avoid Foreclosure Lawyers

Frequently Asked Questions

• What are the eligibility requirements to refinance under the Making Home Affordable Plan?
  You may be able to refinance your mortgage under the Making Home Affordable Plan if:  • You are the owner occupant of a one to four unit home; •The loan on your property is owned or … more
• What is a 'short sale'?
  A “short sale” is an option for a homeowner to avoid foreclosure when they can no longer afford the mortgage on the home.   In a short sale, a servicer allows the borrower to … more
• How long do I have to try to sell my house as a 'short sale'?
  it depends on your lender's requirements and whether you qualify for any special government sponsored programs helping homeowners avoid foreclosure.   For instance, under the … more
• How do I know if my loan is owned or has been securitized by Fannie Mae or Freddie Mac?
  You should call your mortgage lender or servicer (the organization to whom you make your monthly mortgage payments) and ask about the program. Both Fannie Mae and Freddie Mac have established … more
• Can any property be sold as a 'short sale'?
  typically, if there are any junior liens, mortgages or other debts against the property, those must be cleared first before the property  can be sold as a short sale. The servicer can … more