Who can you talk to about avoiding foreclosure


Homeowners need to have a place to turn and they need to know what their options are. National Foreclosure Prevention Service offers free confidential consultations; even if we are unable to help at least we can give honest advice to the homeowner about their options.



Ultimately there are only three ways we can help and the first is through education. You have to know that you have options and you have to know what those options are.
A Loan Modification will help them save their home and save their credit from being trashed by having the house foreclosed on. Unfortunately not everyone will qualify for a loan modification, but if they want to keep their home that is where they should start.

A Short Sale will get them from under the debt, but you have to know the different options and terminology regarding a short sale. For example some lenders consider the “Cash for Keys Program” a short sale and will forgive the balance of the debt, where other lenders will not and they will come after you for the balance of the debt.

Click on this link to Avoid Foreclosures.

 

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