New Massachusetts Law Pending Limits Foreclosure Challenges

Well, my home state, Massachusetts, is considering a bill to limit time available to homeowners to challenge the foreclosure of their homes. It is intended to do so to make a final determination on title validity easier to allow future sale of said properties by avoiding potential foreclosure-related clouds on title. It would also shorten the time a homeowner about to be foreclosed on has to challenge the validity of the pending action, although it would not preclude foreclosed homeowners from suing for recovery damages related to the value of the foreclosed home. If you live in the Bay State and are facing possible foreclosure, you may want to contact your legislator and oppose this bill before it becomes law. As always, Good Luck.