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http://fightformyhome.com What to Expect from your mortgage company You've analyzed your bills. You've tried to negotiate with your bank. You may have even put your house on the market yourself to try and avoid this moment. But now you're behind on your mortgage payments or the bank has begun the foreclosure process. What can you expect from your mortgage company during this difficult and often confusing time? How can you best prepare yourself for what lies ahead? Come join me if you'd like to know... Today I want to explore a subject that can be confusing and that is often misunderstood by many homeowners- What to expect from your mortgage company in a foreclosure lawsuit. Once you've missed a payment, you can expect to start receiving endless, nagging phone calls from the mortgage company. They will hound you for payments day and night. Homeowners are often pressured into cashing out their 401k's, selling vehicles, or borrowing from relatives. When speaking with the bank, it's common to receive inconsistent, conflicting, and often misleading information. This can include payment amounts, due dates, and "special arrangements" that sound promising, but will ultimately make the situation much worse for you. For this reason, I always encourage homeowners to keep good records of all correspondence with their mortgage company. Lenders will try to threaten and intimidate you, while asking you for the same documents over and over. Homeowners who do not have legal representation are an easy target and often get taken advantage of. Unfortunate examples of these predatory tactics include: pretending to work with you on a solution while, at the same time, continuing the foreclosure process. Mortgage companies offer you the moon, and even tell you to stop making payments. They often don't tell borrowers that when in the trial period for a loan modification, your payments are not being credited to your mortgage balance. Add to this a mountain of confusing, time-consuming paperwork and it's no wonder that so many homeowners are desperate for help in these situations. Check out other videos in this series: Foreclosure if your homes value has fallen • Sanford Foreclosure Lawyer Explains What t... What to expect from your mortgage company • DeLand Foreclosure Lawyer | What to Expect... i received a foreclosure notice what now? • Titusville, FL Lawyer | Foreclosure Notice... Dont bury your head in the sand • Melbourne Foreclosure Lawyer | Don't Bury ... What happens when you hire a foreclosure attorney? • Sebastian, FL | What Happens When You Hire... How can i lower my mortgage payment? • Vero Beach Foreclosure Attorney | How to L... 5 tips for protecting your home from foreclosure • Dade City Foreclosure Attorney | 5 Tips fo... Foreclosure defense find the right strategy for your situation • Avon Park, FL Foreclosure Lawyer | Find th... Foreclosure defense why you should never just walk away • Winter Haven, FL Attorney | Should I Walk ... The banks are not on your side • Clearwater, FL Attorney | The Banks Are No... Sarasota/Bradenton/Venice 5632 Bee Ridge Road. Sarasota, FL 34233 Office #: 888-744-5742 Jacksonville * 10151 Deerwood Park Blvd. Building 200, Suite 250 Jacksonville, Florida 32256 Office #: 888-744-5742 Miami * 1111 Lincoln Road 4th Floor Miami Beach, Fl 33139 Office #: 888-744-5742 Tampa/St. Petersburg * 550 N. Reo, Suite 300 Tampa, FL 33609 Office #: 888-744-5742 Orlando * 1800 Pembrook Drive Suite 300 Orlando, Florida 32810 Office #: 888-744-5742 Naples/Fort Myers/Cape Coral * 27499 Riverview Center Blvd. Bonita Springs, FL 34134 Office #: 888-744-5742 Ocala * 118 SW Fort King Street Ocala, FL 34471 Office #: 888-744-5742 Vero Beach* 601 21st Street, Suite 300 Vero Beach, Florida, 32960 Office #: 888-744-5742 Palm Beach Gardens 3801 PGA Blvd, Suite 600 & 602 Palm Beach Gardens, Florida, 33410 Office #: 888-744-5742 Boca Raton 2255 Glades Road, Suite 324A Boca Raton, Florida, 33431 Office #: 888-744-5742 by appointment only We Also do business in and around: Jacksonville, Miami, Tampa, Bradenton, Sarasota, Venice, Englewood, Brandon, Ocala, Naples, Marco Island, Sebring, Lake Wales, Port Charlotte, Sebastian,Winter Haven St. Petersburg, Orlando, Hialeah, Tallahassee, Fort Lauderdale, Port St. Lucie, Pembroke Pines, Cape Coral, Hollywood, Gainesville, Miramar, Coral Springs, Clearwater, Miami Gardens, West Palm Beach, Pompano Beach, Lakeland, Davie, Miami Beach, Deltona, Plantation, Sunrise, Boca Raton, Largo, Deerfield Beach, Boynton Beach, Fort Myers, Daytona Beach, Delray Beach, Homestead To Learn more about this topic, and others, visit our educational website at http://fightformyhome.com/fight-for-y...