Home Owner Facing Foreclosure

The melodramas of a bygone age depicted a Simon Legree-type of the mortgagee who wanted nothing more than to wrest the old homestead from Little Nell and her poor elderly parents. The cliché has now become quite familiar: the mustache-twirling villain who says, “Pay the mortgage by five today-or else!” The impression left with the […]

How Foreclosure Happens

DREB wants to share the basics of understanding Foreclosure. We have clients that are asking and have concerns about what will happen after the mortgage and rent covid relief expire. The word “foreclosure” means “to stop” or “to prevent.” Today we are familiar with the word primarily because of its use with reference to mortgages,