preforeclosure: What to do when facing foreclosure
- 08/01/08 10:48 AM
It's been in the news for over a year now, how so many people are falling behind in their loan payments and/or losing their homes to foreclosure. Folks are facing foreclosure for many reasons; they are over leveraged, have lost a job, their interest rate has gone up raising their monthly payment, have had to move due to their job and now have two mortgages and can't sell the first home, and so on. Let's face it, we Americans tend to live on the edge. We want as much as we can "afford" rather than settle for less and be able … (0 comments)
It's been in the news for over a year now, how so many people are falling behind in their loan payments and/or losing their homes to foreclosure. Folks are facing foreclosure for many reasons; they are over leveraged, have lost a job, their interest rate has gone up raising their monthly payment, have had to move due to their job and now have two mortgages and can't sell the first home, and so on. Let's face it, we Americans tend to live on the edge. We want as much as we can "afford" rather than settle for less and be able … (0 comments)
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