Massachusetts Foreclosure Laws
Boston Massachusetts Launches Foreclosure Prevention Program
The City of Boston will spend roughly $18 million to help homeowners avoid foreclosure and bring new buyers into the market in a program announced Wednesday by Mayor Thomas M. Menino. The program, called the Homeownership Stabilization Campaign, is a 12-month initiative to aid neighborhoods hardest hit by the foreclosure crisis. The two-part program will [...]
Facing Foreclosure in Massachusetts? You Have Options!
We are facing an unprecedented rise in foreclosures in the United States that threatens our financial security and the stability of our communities. Today, every homeowner is acutely aware of the rapid decline in property values. The real estate euphoria that took place during the “boom” years at the beginning of this decade has vanished. [...]
Massachusetts Foreclosures Affect School Districts
With foreclosures in Massachusetts hitting in some of the neighborhoods with the worst schools, it’s apparent that some fo the concerns expressed in the video below, will be hitting home soon. Foreclosures have blighted areas like Boston, and Dorchester and due to the ongoing financial slump, many families have been forced to move and relocate. [...]
What are the Foreclosure Laws in Massachusetts?
The Commonwealth of Massachusetts laws that cover non-judicial foreclosures are found in Chapter 244 of the General Laws of Massachusetts. Both judicial and non-judicial foreclosures are covered under this statute. You can read the Massachusetts Foreclosure Laws. How are Massachusetts mortgages foreclosed? The primary method of foreclosure in Massachusetts involves what is known as non-judicial [...]