Here is a link to a MSNBC article on the suspension: Foreclosure Eviction Suspension
While both indicate the foreclosure process will not be suspended however those persons will remain in their homes through at least January 2, 2013.
Those persons in current pending foreclosure status should be mindful of the fact that while the foreclosure process can and will continue there is help available to homeowners to prevent their home from being foreclosed on. Pre-Foreclosure sales or what is more widely known as a Short Sale can provide a huge benefit to homeowners in danger of losing their homes.
A short sale takes place when a lender allows a owner to sell their home for less than the balance owed. In most cases the lender will take the loss and allow the borrower not to have to repay the remaining balance or require a deficiency note.
Hermes & Associates has helped numerous families in the Dacula and surrounding areas of Gwinnett, Jackson, Barrow and Forsyth counties sell their homes and prevent foreclosure. We have been very successful getting sales approved, saving credit scores and even providing funds for moving expenses to our clients.
If you or someone you know is behind on your payments, give us a call for a free confidential consultation or visit our website at www.PreventAtlantaForeclosure.com for more information.
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