The Work Involved in Committing to Stop Mortgage Foreclosure

After listening to President Barak Obama’s inauguration speech, I was reminded of qualities that were necessary for me in being able to stop mortgage foreclosure on my home. In his inauguration speech, President Obama said:

“Our journey has never been one of short-cuts or settling for less. It has not been the path for the faint-hearted — for those who prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk takers, the doers, the makers of things . . .”
(From http://www.time.com/time/politics/article/0,8599,1872715,00.html?imw=Y)

If you are going to stop mortgage foreclosure on your home, know that your path is also not for the faint-hearted. If you are determined to stop foreclosure on your home, your path will be uphill and will feel like a battle more days than not. You will have to make tough decisions and hard choices about what you value in your life. You will not be able to keep your home and continue making the same decisions about your finances that you have been making. That is cold hard truth and fact. I had to and still continue to have to make tough decisions about my finances. My home is now out of foreclosure but the sense of financial responsibility that I gained from being able to save my home stays with me. If you are going to stop mortgage foreclosure on your home, you will need to take on a new level of financial responsibility in your life.

You will also have to learn to be one who does not “prefer leisure over work.” Being able to stop mortgage foreclosure on your home is going to be work. Whoever tries to sell you on it being easy, painless and effortless is telling you a lie. Is the actual work involved in saving your home difficult? No. But it does take work. Persistent, consistent hard work. Your bank is not going to suddenly decide that they will stop mortgage foreclosure on your home because you are a nice person. You will have to work with them and continue working with them until you find a resolution. You may need to take a second job in order to save your home. If that is what you need to do, that is what you need to do.

And you will need to be a risk taker and doer in order to stop mortgage foreclosure on your home. You will have to act to save your home from foreclosure. You cannot expect anyone else to do it for you. You have to do what you need to in order to save your home. That may mean taking some risk. It may mean doing what I did and risking rejection from your family when you ask them for money. It may mean risking a friendship like I did when I asked my friends for help. It will certainly mean getting out of your comfort zone and doing things that you do not want to do and do not feel comfortable doing. On that edge past your comfort zone is where you will find what you need to stop mortgage foreclosure on your home.