KNOW YOUR STATES FORECLOSURE TIMELINES

COMMON FORECLOSURE OPTIONS

 

People facing foreclosures do have options.  Some of these options may or may not be available to you, it will depend on your situation and since each situation is different you should explore all of the options.

 

When I got into trouble that’s exactly what I did.  Remember you can’t wait to start this process; time is not on your side.  The worst thing you can do is to ignore the situation altogether.  Many homeowners wait till the last minute to try and save their homes and at that point its too late for anyone to help.  Every state has a timeline for foreclosures, if you would like to find your states timeline go to: www.realtytrac.com/foreclosure-laws

Once you get this information you can work out your game plan.

 

My next post:  How I started the process.

Posted via web from Beacon Solutions Foreclosure Prevention

HOW I STOPPED MY FORECLOSURE

FACING FORECLOSURE:  WHAT TO DO?

 

Foreclosure is a very emotional event and homeowners who let their emotions get the better of them can make decisions that will cost them dearly.

 

Whether you have been facing financial problems for some time, or you are in a temporary situation because of injury, job loss, downsizing, divorce or other set backs you need to understand what options are available for you.

 

I understand what you are going through.  I am a home inspector and when the real estate market took a nose dive 2 years ago my business went down the tubes with it.  I went from doing 10-12 home inspections a week to doing 1-2 inspections a week.  In addition to my financial problems my wife was diagnosed with cancer and for almost six months we lost her income.  I know what it feels like when the phone rings and you get that horrible feeling in your gut because you know it’s another creditor bugging you about missed or late payments.  Its not that you don’t want to pay, you just don’t have any money to make those payments.

 

In my next post I’ll tell you how I found ways to deal with my situation and how you can help yourself and your family avoid foreclosure.

Posted via web from Beacon Solutions Foreclosure Prevention