To navigate past a foreclosure successfully by choosing the right option to save a home, a homeowner must first understand the process. As with everything else in life, the more educated you are about a subject, the better chance you have to make the right choice. The foreclosure process is a complicated matter that [...]
These worksheets, guides and sample documentation can assist homeowners with evaluating and in budgeting their personal finances, weighing their options and ultimately with finding a solution to their home ownership challenges, up to and including preventing a foreclosure.
Foreclosure Prevention Checklist : A step-by-step process to prepare for and fight to save your home from [...]
Tags: guide, loan modification, tips, worksheets
If you are facing foreclosure, don’t feel that your fate is locked in to losing your home. There are options which can help you save your home, but you must act quickly as most of them are time sensitive.
The best option for you depends on your specific situation. For example, a repayment plan may be [...]
Tags: bankruptcy, FHASecure, government assistance, government insured, guide, HOPE for Homeowners, IRS, loan modification, taxes, tips
A loan modification can help a homeowner permanently change one or more of the terms on the mortgage to make the monthly payments more manageable. This can include lowering the interest rate, increasing the term of the loan or adding missed payments to the loan balance.
The loan modification process is not easy, involving persistent phone [...]
Tags: guide, loan modification, tips
