New Mexico Letter to Foreclosure Attorney - General Demand to Stop Foreclosure and Reasons

• Category: Real Estate - Foreclosures
• State: Multi-State
• Control #: US-02509
• Format: Word; Rich Text

Description

Petitioner provides written demand that foreclosure action be ceased on certain real property. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Foreclosure Attorney's Firm] [Address] [City, State ZIP] Dear [Foreclosure Attorney's Name], RE: GENERAL DEMAND TO STOP FORECLOSURE — [PROPERTY ADDRESS] I hope this letter finds you well. I am writing to you as a concerned homeowner to bring to your attention the urgent matter of the impending foreclosure on my property located at [property address], New Mexico. I am aware that the foreclosure process has already been initiated, but I request your immediate attention to halt any further proceedings due to several valid reasons outlined in this letter. It is my belief that a fair evaluation of the circumstances of the foreclosure will lead you to acknowledge the need to put a stop to this process. Please consider the following key points: 1. Financial Hardship: — Explain the specific hardships you are currently facing, such as unemployment, medical bills, or other critical financial difficulties. — Provide supporting evidence, such as bank statements, medical records, or termination letters, to substantiate your claims. 2. Mitigation Options: — Detail any attempts made to explore alternatives to foreclosure, such as loan modifications, refinancing, or assistance programs. — Highlight any communication or correspondences you have had with your mortgage lender regarding these options. 3. Procedural Irregularities: — Request a thorough review of the foreclosure process to ensure compliance with all applicable laws and regulations. — Highlight any irregularities observed in the foreclosure proceedings, including any violations of state or federal foreclosure laws. 4. Lender Communication: — Express any concerns regarding inadequate communication from the lender, including failures to respond to your inquiries or requests for assistance. — Encourage the foreclosure attorney to act as an intermediary to facilitate effective communication between all involved parties. 5. Importance of Homeownership: — Emphasize the significance of preserving homeownership, not only for yourself but for the community and local economy as well. — Share any positive contributions you have made to the community as a responsible homeowner. I kindly request your prompt attention to this matter in order to prevent further hardship for myself and my family. My objective is to reach an amicable resolution that allows us to retain our property while addressing any outstanding obligations. I remain open to exploring all viable options that can help resolve this situation. Please acknowledge receipt of this letter within [a reasonable timeframe] and provide me with a clear indication of the next steps that will be taken. I believe that by working together and considering the reasons mentioned above, we can find a favorable resolution that benefits all parties involved. Thank you for your attention to this matter. I look forward to your timely response. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Foreclosure Attorney's Name] [Foreclosure Attorney's Firm] [Address] [City, State ZIP] Dear [Foreclosure Attorney's Name], RE: GENERAL DEMAND TO STOP FORECLOSURE — [PROPERTY ADDRESS] I hope this letter finds you well. I am writing to you as a concerned homeowner to bring to your attention the urgent matter of the impending foreclosure on my property located at [property address], New Mexico. I am aware that the foreclosure process has already been initiated, but I request your immediate attention to halt any further proceedings due to several valid reasons outlined in this letter. It is my belief that a fair evaluation of the circumstances of the foreclosure will lead you to acknowledge the need to put a stop to this process. Please consider the following key points: 1. Financial Hardship: — Explain the specific hardships you are currently facing, such as unemployment, medical bills, or other critical financial difficulties. — Provide supporting evidence, such as bank statements, medical records, or termination letters, to substantiate your claims. 2. Mitigation Options: — Detail any attempts made to explore alternatives to foreclosure, such as loan modifications, refinancing, or assistance programs. — Highlight any communication or correspondences you have had with your mortgage lender regarding these options. 3. Procedural Irregularities: — Request a thorough review of the foreclosure process to ensure compliance with all applicable laws and regulations. — Highlight any irregularities observed in the foreclosure proceedings, including any violations of state or federal foreclosure laws. 4. Lender Communication: — Express any concerns regarding inadequate communication from the lender, including failures to respond to your inquiries or requests for assistance. — Encourage the foreclosure attorney to act as an intermediary to facilitate effective communication between all involved parties. 5. Importance of Homeownership: — Emphasize the significance of preserving homeownership, not only for yourself but for the community and local economy as well. — Share any positive contributions you have made to the community as a responsible homeowner. I kindly request your prompt attention to this matter in order to prevent further hardship for myself and my family. My objective is to reach an amicable resolution that allows us to retain our property while addressing any outstanding obligations. I remain open to exploring all viable options that can help resolve this situation. Please acknowledge receipt of this letter within [a reasonable timeframe] and provide me with a clear indication of the next steps that will be taken. I believe that by working together and considering the reasons mentioned above, we can find a favorable resolution that benefits all parties involved. Thank you for your attention to this matter. I look forward to your timely response. Yours sincerely, [Your Name]