Banks are filing real estate foreclosures on homeowners in Johnson County in default of the Mortgages much sooner.
I have been working as a Loss Mitigation Consultant for a few years. A Loss Mitigation Consultant or LMC helps homeowners who are in default of their home mortgage. I work with homeowners in Johnson County, Kansas. I have been keeping stats and learning from my mistakes. I have learned that not all mortgage lenders tell the truth and some lenders are so understaffed that the file I’m working on may get over looked.
During September of last year, the average homeowner in default got served by their mortgage company between the 5th and 7th months. This past month, the average homeowner in default got served between the 3rd and 4th months.
I have found that the average homeowner in default in Johnson County is getting served 2 months earlier then last year.
Why do you think the time period is shortening?
If you know of someone who is behind on their mortgage, have them contact the Dowell Taggart Team. As Loss Mitigation Consultants we have many options to help them
Dowell Taggart Team
http://StopForeclosure.DowellTaggart.com