When you are behind payment, you might be considering forbearance but is it the right route to take? In its most basic form, forbearance is an agreement between a lender and a borrower to refrain from making regular payments as initially agreed. In real estate, a forbearance agreement would prevent a loan servicer from foreclosing […]
Tag Archives: trouble paying the mortgage
What to Do If You Can’t Pay Your Mortgage in Fort Worth
Some things are beyond your control and that includes being able to pay your mortgage in time. You may be facing foreclosure if you’re unable to pay your mortgage. A mortgage or deed of trust contract gives the lender the right to utilize the property as collateral if the borrower fails to comply with the […]
Avoid Trouble Paying The Mortgage for Fort Worth Homeowners
Did you know that as a real estate investor or landlord, you can avoid the trouble of paying the mortgage? You may think it’s only the tenant who has trouble paying the mortgage, but in reality, it’s not. As a real estate investor or landlord, there may be times when it’s hard to pay the […]