Although it has been four years since the mortgage lending sent the housing market into a downward spiral resulting in a wave of foreclosures, the issue is not showing signs of stopping.
Because housing prices are falling, it is leaving some homeowners owning more than their homes are currently worth.
The issue of shoddy documents in foreclosure procedures has also lead to a slow down in the court process. At this time, nearly 5 million homes have been lost to foreclosure and some figures show that this number could rise by another 3 or 4 million in the next four years.
If you or a loved one are struggling with paying your mortgage, you need experienced representation on your side. Contact the foreclosure defense lawyers of Ryan J. Really, Attoney at Law, P.C., by calling (239) 237-0675.