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Top Ten Mistakes Homeowners Make When Facing Foreclosure

By
Real Estate Agent with Lion Real Estate 0149496

Top Ten Mistakes Homeowners Make When Facing Foreclosure in Fresno, CA

 

1.  Fail to educate themselves regarding their rights and options.

2.  Avoid their mortgage company and do not return phone calls.

3.  Allow feelings of fear or hopelessness to prevent them from taking action.

4.  Procrastinate until their options are gone.

5.  Make decisions based on emotions instead of facts and proper education.

6.  Pay for fee-based education or counsel.

7.  Refuse to accept the reality and urgency of their situation.

8.  Turn to unregulated real estate investors for help.

9.  Follow advice from friends or family that leads them down the wrong path.

10. Fail to seek professional advice from a specialist.

 

If you are facing foreclosure in Fresno, CA, please contact me for a complimentary consultation.

 

Free Homeowner Guide

Winston Heverly
Coldwell Banker Access Realty - South Macon, GA
GRI, ABR, SFR, CDPE, CIAS, PA

I think a lot of folks are m playing and working the system. Down here they know they can stay rent free from 2-5 years, how they live with themselves I don't now. But hey free is free, no worries...

Jan 31, 2012 01:45 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Superb list, Stephanie.

   Ditto to what Winston said in post #1 about Florida Foreclosures.  

   Given the conduct and attitude of the Banks, and given the utterly corrupt practices of Foreclosure Attorneys, who can blame the Owners for "living it out"?

 

Jan 31, 2012 02:02 PM