How does one stop foreclosure on their home?


Question:


Answer:
http://www.nohasslebargains.com/loan/id9...
Foreclosure Prevention

http://www.nohasslebargains.com/loan/rea...
Real Estate Services
It is best to ask an attorney as soon as possible for the best advice on this. He may not be able to stop foreclosure but may be able to delay the process until you can get back on your feet financially.
I am guessing here but paying all the outstanding bills in one lump sum(probably cash) might work?! BUT I am sure a lawyer is required if it has reached the foreclosure state...sorry..
Coach is right get some legal advice. But a friend of mine, was deep in foreclosure due to divorce and was living with her 3 kids in apartment. She renegotiated and was able to pay a payment and half for year (extra $500) to make up for the lost payments. It is up to the company and your credit and stuff how much they are willing to work with you...you need to talk with your mortgage company be open and be honest...if you have other debt, simplify, my friend got rid of her big SUV with the $683 a mo/ payment and then went down to a small 2-door SUV but then downsized yet again an got an older used car that paid off.
5 Ways to Avoid Foreclosure
By: Lucy Landley

Here is a good starting point!
More Related Questions & Answers...
  • What is the legal time when foreclosure proceddings are in place that you have to come up with the money?
  • What is the reason for 900,000 homes being lost to foreclosures , the economy or personal debt?
  • Provide Details for Home Foreclosure Process?
  • How can I get my lender to agree on a forbearance agreement to avoid a foreclosure on a 60 days late?
  • What can I do if my house is in foreclosure?
  • I am going into foreclosure. A private lender has a 2nd mortgage on my property. What will happen to that?
  • Can anyone give me some advice on foreclosure?
  • Foreclosure Question - Real Estate Professionals or Fmr. Forclosed Owner?
  • When buying a foreclosure is it possible to find some that people have it all but payed off?
  • House up for sale through Foreclosure?
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic