Thursday, August 28, 2008

Stop Foreclosue-Free Report-Urgent Homeowners

With the banks struggling to keep up with the high foreclosure rates, they are struggling to keep their own heads above water. the banks do NOT want your house back. There are ways you can avoid foreclosure and keep your home.

1. You need to deal with it! Don't avoid the phone calls, ask what they can do for you if you can't afford the payments.
2. Don't be bullied! You have rights and you need to know that threatening is against the law.
3. Read your agreement again, you know the pile of papers you recieved at your closing, the one's you never read, now would be a good time.
4. Make a Plan. What are your TRUE intentions? If you really can't afford your home or have lost your job or have medical problems, you may be eligible for government programs, call your local unemployment or department of labor.
5. Prepare for battle. Don't leave without a fight, get all the resources needed to keep your home.
6. Work with your Lender. Your lender may be willing to renegotiate terms or payment amount.
7. Ask for Help. Family or friends can help you if it is just a temporary situation.
8. It takes a long time. Foreclosures are taking a long time to happen. Auctioneers and the banks simply don't have enough help or time to handle all of them.
9. If you aren't intending on staying, save your money for rent or upcoming expenses such as moving, furnture etc.
10. Finally, it's not the end of the world! Material posessions can be replaced, health and happiness is more important than that


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