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![]() Facing Foreclosure? Here Are 6 Options to Keep Your HouseIntroduction
Although it may seem a dream that is slipping away, it is possible to keep your house if you are facing foreclosure. With a few tips, tricks, and a plan you may be able to remain in your home without the worry of foreclosure on your mind at all times.... ![]() Bankruptcy or Foreclosure: What You Need to Know to DecideBankruptcy is a big pill for a big illness. It is a powerful cure that should be administered by a trained professional-an attorney. This cure has side effects, and these side effects should be considered before using bankruptcy.
There are two types of bankruptcy Chapter 7 and Chapter 13. You cannot... ![]() How to Write a Hardship Letter That Works With Any LenderThe hardship letter is the most important document that you submit to your lender. The hardship letter is necessary if you want your lender to agree upon a loan workout, short sale, deed-in-lieu of foreclosure, forbearance agreement, loan modification, and any other foreclosure solution that requires their cooperation. Your hardship... ![]() The 10 Most Common Mistakes Made By Homeowners Facing ForeclosureAs a real estate investor in Central Florida, I've come across many homeowners who are facing foreclosure for the very first time and they all seem to make the same mistakes. When you have fallen on hard times due to a job loss or a mortgage reset, it is easy... ![]() Dispel These Myths About Short Sales And ForeclosuresAmong the many solutions available to you if you are facing foreclosure is a short sale. Individuals and companies that promise fast foreclosure help often fail to inform you on the damage a short sale will have on your credit report. A foreclosure will remain on your credit score for... ![]() Bankruptcy Or Foreclosure: Which One Is The Best Way Out If You Cannot Afford Your Mortgage?There are no easy decisions when facing foreclosure. If you are trying to decide between bankruptcy and foreclosure there are several considerations that you should keep in mind. Both bankruptcy and foreclosure will significantly lower your credit score by 200 to 300 points. A foreclosure will stay on your credit... ![]() How You Can Get The Government To Help You Pay Your Mortgage And Avoid ForeclosureApproximately 2.2 million Americans have an adjustable-rate mortgage (ARM) that is due to adjust this year. For many homeowners these newly adjusted rates will significantly increase their mortgage payments and lead them into foreclosure. If you are facing foreclosure or believe you will have difficulty paying your mortgage because of... ![]() 3 Proven Methods To Stop Foreclosure That Do Not Completely Destroy Your CreditFew, if any, homeowners plan to go into foreclosure. Should you be facing foreclosure then you are probably feeling a great deal of anxiety and confusion regarding your situation. Before you pay anyone claiming to stop your foreclosure thousands of dollars be sure that you have investigated all the possible... ![]() 6 Proven Strategies To Avoid Foreclosure And Save Your HomeIf you are one, two or three payments behind on your mortgage then you would be wise to take immediate action regarding the following information. Homeowners, just like you, are often caught in unexpected hardships such as divorce, death in the family, job loss, or medical emergencies that lead them...
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