We have noticed a decrease on responses from home owners that are behind in payments. One of them indicated that they were not in a hurry to review their options as they were certain that the moratorium on foreclosures was here for a long run due to the pandemic. She even mentioned that it was nice to be living without the obligation of paying their mortgage every month.
We kindly mentioned that the payments are still due, and that they are accumulating, along with fees and interest. She did not seem to know that. She understood that the delay on the legal process meant that the loan was “frozen” (her words) and that numbers would continue accumulating once normality returns.
Ignorance can not be a reason when your financial future is at stake. These are difficult times for all, but a solution will eventually come. And if right now there may be options, these options may no longer be available in the future. We are here to educate. Please call us to get answers to your questions. It is free and without commitments. What can you lose?