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Foreclosure

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How to Prevent Foreclosure on Your Home

HE724/FCS3227by Judy Corbus, Johanna Gomez-Gonzalez, Michael Gutter, and Virginia PeartJanuary 23, 2023Foreclosure is the legal process a lender uses to acquire a borrower’s property after the borrower has failed to meet the mortgage contract obligations. The lender seizes the property and sells it to pay off your mortgage. Foreclosure can ruin your credit rating for years. This publication discusses steps to take to prevent foreclosure on your home. Written by Judy Corbus, Johanna Gomez-Gonzalez, Michael Gutter, and Virginia Peart, and published by the UF/IFAS Department of Family, Youth and Community Sciences, revised December 2022.

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Consumer Alert: PACE loans

Carol RobertsDecember 21st, 2017PACE loans are being touted across the country and recently here in Florida as a great way to retrofit your home with energy and cost saving technology. You can get a low-interest, no-money-down loan using the equity in your home to install solar panels, better HVAC systems and more. Wonderful! But wait…. there is a […]

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