The phrase identifies actions a former home-owner would possibly take following a accomplished foreclosures course of to increase the interval earlier than they’re required to vacate the property. For instance, this would possibly contain authorized maneuvers or negotiations with the brand new property proprietor.
Understanding these methods is essential as a result of it gives people dealing with displacement with potential choices for securing different housing preparations. Traditionally, such measures have provided a buffer, permitting households time to transition and probably mitigate the speedy disruptive results of shedding their dwelling.
