With the rate of foreclosures on homes declining in the state of Utah there is still a small burning sensation for those who felt the economy drop due to the housing crisis, especially for homeowners who had a shady mortgage. It is vital to ensure you are getting a fair deal when purchasing a home or any property. Terry Spencer and his team will assist you in any way possible to help you though this process or to help with your mortgage that may not have been legitimate. Please call to find out if your mortgage is among the thousands that were deemed compromised in some way.
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Snipet from Utah State Court Website
If you do not make your mortgage payments, your mortgage lender may start foreclosure proceedings. Once your home is foreclosed you no longer own it, and the lender can sell it to recover the amount you owe on your loan.
Foreclosure, mortgage fraud and predatory lending matters can be complicated. Please consider talking to a housing education counselor (utahforeclosureprevention.com) or an attorney to go over your options.
Information about finding an attorney is available on the court's Finding Legal Help page. One way to talk to an attorney is to visit a free legal clinic. Clinics provide general legal information and give brief legal advice. See the court's Legal Clinics page for a list of clinics statewide.