red hued woman looking at a computer screen with hands holding each side of her head - Foreclosure, Forbearance, Mortgage forgiveness - Bill Salvatore, Your Valley Property Team - Arizona Elite Properties 602-999-0952

Mortgage Forbearance Does Not Mean Forgiveness, Don’t Let it Mean Foreclosure

Covid 19’s wide-ranging impact sadly involved much more than our health. Just over 10 Million homeowners struggling to pay their mortgage, were forced to enlist forbearance (a temporary interruption in monthly payments) to tide them over until the employment market and their financial position improved. Forbearance however does not mean forgiveness. Those deferred payments are… Read More