Airing Sunday at 12:30 PM on KERA, Channel 13 – Real Estate Foreclosures: Problems and Prevention
Real Estate Foreclosures: Problems and Preventions Airing Sunday, April 24th at 12:30 PM on KERA, Channel 13 The last several years have hit many homeowners who have little to no ability to repay their mortgages. Fourteen million of these homeowners have no equity in their homes and owe the lender more than the property's appraised value. Foreclosures may be up, however the foreclosure process varies from state to state. In some states short notice is given by lenders. In others, homeowners have 9 months to 18 months before a foreclosure is posted. What can lenders and homeowners do to work together? [...]