How to Prevent Foreclosure on Your Home
Foreclosure is the legal process a lender uses to acquire a borrower’s property after the borrower has failed to meet the mortgage contract obligations. The lender seizes the property and sells it to pay off your mortgage. Foreclosure can ruin your credit rating for years. This publication discusse...
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Format: | Article |
Language: | English |
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The University of Florida George A. Smathers Libraries
2023-01-01
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Series: | EDIS |
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Online Access: | https://journals.flvc.org/edis/article/view/130990 |
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author | Judy Corbus Johanna Gomez-Gonzalez Michael Gutter Virginia Peart |
author_facet | Judy Corbus Johanna Gomez-Gonzalez Michael Gutter Virginia Peart |
author_sort | Judy Corbus |
collection | DOAJ |
description |
Foreclosure is the legal process a lender uses to acquire a borrower’s property after the borrower has failed to meet the mortgage contract obligations. The lender seizes the property and sells it to pay off your mortgage. Foreclosure can ruin your credit rating for years. This publication discusses steps to take to prevent foreclosure on your home. Written by Judy Corbus, Johanna Gomez-Gonzalez, Michael Gutter, and Virginia Peart, and published by the UF/IFAS Department of Family, Youth and Community Sciences, revised December 2022.
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format | Article |
id | doaj-art-e3fee39554714a9a992ece4c6cf58ca4 |
institution | Kabale University |
issn | 2576-0009 |
language | English |
publishDate | 2023-01-01 |
publisher | The University of Florida George A. Smathers Libraries |
record_format | Article |
series | EDIS |
spelling | doaj-art-e3fee39554714a9a992ece4c6cf58ca42025-02-08T05:41:53ZengThe University of Florida George A. Smathers LibrariesEDIS2576-00092023-01-0120226How to Prevent Foreclosure on Your HomeJudy Corbus0https://orcid.org/0000-0001-7053-8904Johanna Gomez-Gonzalez1Michael Gutter2Virginia Peart3University of FloridaUniversity of FloridaUniversity of FloridaUniversity of Florida Foreclosure is the legal process a lender uses to acquire a borrower’s property after the borrower has failed to meet the mortgage contract obligations. The lender seizes the property and sells it to pay off your mortgage. Foreclosure can ruin your credit rating for years. This publication discusses steps to take to prevent foreclosure on your home. Written by Judy Corbus, Johanna Gomez-Gonzalez, Michael Gutter, and Virginia Peart, and published by the UF/IFAS Department of Family, Youth and Community Sciences, revised December 2022. https://journals.flvc.org/edis/article/view/130990foreclosure preventionhomeownership |
spellingShingle | Judy Corbus Johanna Gomez-Gonzalez Michael Gutter Virginia Peart How to Prevent Foreclosure on Your Home EDIS foreclosure prevention homeownership |
title | How to Prevent Foreclosure on Your Home |
title_full | How to Prevent Foreclosure on Your Home |
title_fullStr | How to Prevent Foreclosure on Your Home |
title_full_unstemmed | How to Prevent Foreclosure on Your Home |
title_short | How to Prevent Foreclosure on Your Home |
title_sort | how to prevent foreclosure on your home |
topic | foreclosure prevention homeownership |
url | https://journals.flvc.org/edis/article/view/130990 |
work_keys_str_mv | AT judycorbus howtopreventforeclosureonyourhome AT johannagomezgonzalez howtopreventforeclosureonyourhome AT michaelgutter howtopreventforeclosureonyourhome AT virginiapeart howtopreventforeclosureonyourhome |