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The ANSWER to the FORECLOSURE CRISIS- The RIGHT Way vs The WRONG Way
There is a simple "2 STEP" Answer to solving the Foreclosure crisis. It does not take a Rocket Scientist, a Economist or the President to solve the problem. According to Realtytrac 1 in every 846 homes is in Foreclosure here in New Hampshire. Manchester NH shows about 1/3 of people who HAVE to sell their homes owe more than their house is worth in today's market. Some owners can no longer afford their payments and think foreclosure is their only option. Other home owners need to sell due to being transferred, marriage, divorce or illness and just owe too much also assume they can not sell.SO WHAT DOES IT TAKE? When someone gets behind in their mortgage, they either have no ability to make any payment or have the ability to make reduced payments but can not catch up.
 
THE RIGHT WAY:
1. YOU CAN MAKE SOME SORT OF MONTHLY PAYMENT
a. The first step is contacting your bank without hesitation and asking for the HOME RETENTION Department. They are not collectors but tasked to go over the options to keep you in your home.
b. You have to be patient and level headed. You need them to help you. Yelling ... more

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