Real Estate Lingo

Foreclosure

Notice of Default

Notice of Trustee Sale

Deed in Lieu

Short Sale

Cash For Keys

Lien Strip

Loan Modifications

 

A Note About Loan Modifications: The Law Office of John A. Vos does not negotiate loan modifications.  However, in the event a person is seeking a loan modification, the Obama administration has issued a directive to require lenders to continue to work with a Borrower regardless of whether a bankruptcy petition has been filed.

 

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