Most unfortunate time for a homeowner will be during when they are unable to keep up with their mortgage payments. When this happens, the lenders will move to recovering their debt, starting off with opportunities for borrowers to have the mortgage come to a good standing. If the mortgage is not brought in good standing, they will move towards power of sale procedure, where the lender will issue Notice of Sale to have your property sold to recover their debt, including interest and costs. Lawyers are retained to help the lender through the process.
JS Law can help you purchase a property from a lender, to ensure you understand and review the agreement of purchase and sale thoroughly with the client and close the transaction to the client’s satisfaction.
