Foreclosure
This section has information about what happens if you are a tenant in a building that is being foreclosed, as well as information for homeowners facing foreclosure.
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Homeowners facing foreclosure
If you miss mortgage payments, the lender that loaned you money may sell your house to collect the money you owe. This is foreclosure. When you took out your loan, you entered into 2 contracts with the bank. One contract is the “note.” The...
Tenants, foreclosure, and eviction
If you are a tenant and your apartment is at risk of foreclosure, learn how you can protect yourself.