Understanding the Foreclosure Process in Kentucky

Understanding the foreclosure process in KY is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in KY What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued

Foreclosure Prevention Measures In Louisville and the rest of KY

Local KY homeowners who are facing a financial challenge may find themselves in foreclosure. Foreclosure is when the mortgage loan doesn’t get paid back and the bank begins the process to take ownership of the property to recoup its losses. If you find yourself entering the foreclosure process, you might wonder if there is anything … Continued

What is a Pre-Foreclosure in Louisville?

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 Louisville anyway? Many homeowners across America and Louisville are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will … Continued