Are you reading headlines like these?
Recently, in Tracy, we had a house fire that happened the day before they were to be evicted. I know it sounds suspicious, but it saddens me that we as people could judge them without knowing all the facts:
- the bank technically owned the home already.
- their home insurance won't cover them because they did not "technically" own it.
- a Foreclosure notice was posted on their front door for seven days & was not removed.
- the notice was found still on the front door of their burned house.
- their whole family was in the house when it was started.
What's my point? How can we help, as realtors in this industry, get the word out to homeowners; 
"We can help them with some possible betters solutions than just plain losing your house to foreclosure"?
- Call your mortgage lender(s) & ask for a loan modification...
- Call your mortgage lender(s) & ask for a "deed in lieu of foreclosure"...
- Call your realtor of choice & ask them to help you sell the home in a "short sale"...
I just feel for the potential clients out there that do not even know they are in foreclosure. Let's reach out to them.
;)
;)
One of the steps in a default situation is denial and it can really ruin someone's chances of keeping their home or losing it. It really depends how much and how long that denial lasts. If it is only a few days and they call and ask for help, we usually can. But, a lot of times the situation is that they are denial way to long, won't listen or ask for help and they end up losing the house as well as their credit.
This was a sad situation that happened to them and I'm glad no one was hurt, but maybe had they not been in denial someone could have helped them before they every would have gotten the notice.