What is a Pre-Foreclosure in Madison?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Madison anyway? Many homeowners across America and Madison are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, the lending institution will issue a … Continued

Understanding the Foreclosure Process in Madison Wisconsin

What is foreclosure anyway?  Understanding the Foreclosure Process in Madison Wisconsin: Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not the end of the world. When you know how foreclosure in Wisconsin works… it … Continued