waconia foreclosures: Solutions for Waconia Homeowners in Distress
- 09/03/10 02:39 PM
The current US housing market and national financial crisis have caused untold stress and heartache for many American families. The options for foreclosure are many however. Reinstatement: A reinstatement is the simplest solution for a foreclosure, however it is often the most difficult. The homeowner simply requests to know the total amount owed to the mortgage company to date, and then pays it. Repayment Plan: This plan involves the homeowner negotiating with the mortgage company to allow them to repay back payments over a period of time. Mortgage Modification: A mortgage modification involves the reduction of one of the following: the interest (0 comments)