👉 In real estate, a "non-filing" or "non-foreclosure" situation refers to a situation where a homeowner has not filed for bankruptcy or any other type of legal proceeding that would result in the sale of their property. This means that the homeowner is still legally and financially responsible for paying off their mortgage, even if they have successfully obtained a deed of transfer from the lender. Non-filing situations can occur due to various reasons such as: 1. Financial instability: A homeowner may
