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How Much Time do You Have to Cancel Foreclosure Rescue in Florida?

The government has started to realize the seriousness of foreclosure rescue scams and some states have started to enact laws that require a certain amount of time to pass before a rescue contract can be enforced. This information is important for you to know if you experience a change of heart or are convinced the person you are working with is not on the “up and up”. The following words come from the legislation enacted in Florida to protect the rights of individuals trying to avoid foreclosure.

“…BY THIS CONTRACT, YOU ARE AGREEING TO SELL YOUR HOME. YOU MAY CANCEL THIS TRANSACTION AT ANY TIME BEFORE 5:00 P.M. OF THE THIRD BUSINESS DAY FOLLOWING RECEIPT OF THIS NOTICE.

THIS CANCELLATION RIGHT MAY NOT BE WAIVED IN ANY MAN- NER BY YOU OR BY THE PURCHASER.

ANY MONEY PAID DIRECTLY TO YOU BY THE PURCHASER MUST BE RETURNED TO THE PURCHASER AT CANCELLATION. ANY MONEY PAID BY YOU TO THE PURCHASER MUST BE RETURNED TO YOU AT CANCELLATION…”

You can and will be reimbursed in full for the issues that caused you to stop the foreclosure rescue, but you need to be diligent. Don’t let someone take your money and your home because you weren’t willing to do your homework on owning a home.

Don’t waste any more time worrying about how to pay your mortgage, contact us today by phone at 813-612-5697 or 877-246-4486 or by email at Sales@TSherwoodLaw.com.

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