In the State of Florida, home foreclosure is not a sprint; it is a marathon.  Furthermore, our judicial process gives homeowners a better chance to finish strong. In Florida, it takes over 900 days to foreclose on most homes.  What could you do in 900 days?  That is two-and-a-half years from now.  Where do you see yourself in two-and-a-half years?  A lot can happen in that period, and you can use that time to work towards a more favorable outcome, like a mortgage modification or a short sale. If you are facing foreclosure, your fiscal fitness is going to suffer, but the idea is to retain as much credit as possible so you can recover faster.  A mortgage modification or short sale usually allows the homeowner to finish in a stronger financial position than if the foreclosure is completed. Despite the long foreclosure process, you may need the help of a third-party professional to pursue a foreclosure alternative.  Mortgage modifications and short sales are not known for their rapid timeframe.  You may need a defense attorney to address the legal aspects of your case while you continue to pursue an alternative outcome. Seek competent legal counsel to discuss your circumstances […] Read More