What can you do to avoid Foreclosure?

 When you start to feel like and know you are getting in trouble that is when you need to take action. Not months down the road and it is to late.

When you realize you are not going to make a payment you need to do some work.

1. Go to your lender and work out a repayment plan.

2. Refinance your home with better rates and terms.

3.Ask you lender to modify your loan so you can survive.

4. Consider renting out your home and make the mortgage payment.

5.Sell your home and pay the mortgage off.

6.Borrow money from relatives to you get back on your feet.

7.Learn about SMCRA Service Members Civil Relief Act.

8.Enter into a friendly foreclosure. Deed in Lieu of Foreclosure.

9. File for bankruptcy protection to stall the foreclosure process.

10.Find an agent who can inform you about shortsales and how they work.

One of these options might work for you, and maybe none of them. You need to research what is good for you and what your finances have become. Most people think there is no way out they just quit paying and let it go. As I shared with ou above with the help of my Crs family we have given you some ideas that might save your credit and allow you to get back on your feet. None of the ways will be easy. But maybe one of them will let you rest at night.

Need more information contact a agent that specializes in Shortsales and Foreclosure or Reo properties. They can direct you to who you need to talk to.