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Stockton All-America City 1999

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Housing Department: 425 N. El Dorado St (City Hall), 3rd FloorStockton, CA 95202 (209) 937-8539

Foreclosure Prevention                                            Información en Español


House for sale

Too often individuals purchase a home without sufficient consideration or understanding of their loan agreements and mortgage responsibilities.

Therefore we are expanding our efforts to educate the public on the dangers of predatory lending, the importance of maintaining a household budget, and the alternatives to foreclosure.

 


What is Foreclosure?

A legal process by which the lender or the seller of a property forces the sale of a mortgaged property because the borrower has not made payments or met the terms of the mortgage. A foreclosure can also be defined as a repossession of the property by the lender.

Consumer News Cover

Tips to help avoid foreclosure

or shop for a home mortgage

from the FDIC

(Federal Deposit Insurance Corporation)

Click here to read more...

Avoid foreclosure:

 


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