Comments on: how can I prevent foreclosure and save my home? http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html Loan and Financial Info Mon, 01 Feb 2010 15:06:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: foreclosurefish_com http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2772 foreclosurefish_com Tue, 15 Sep 2009 23:30:38 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2772 You have numerous options to save your home. Here are the most common ones used by homeowners, although not every one is going to apply in every case. - Save up and get current. - Work with the lender for a forbearance agreement. - Work with the lender for a loan modification. - Refinance with a hard money lender. - Get a partial claim if you have an FHA loan. - Sell to a private investor and lease back the house. - File bankruptcy to stop foreclosure - Sell at a short sale. - Sell the property outright. - Offer the bank a deed in lieu of foreclosure. - Just walk away and start over. Research each of the options before jumping right into one or another. You don't know which ones might be best for you until you know how they work. Good luck. ForeclosureFish You have numerous options to save your home. Here are the most common ones used by homeowners, although not every one is going to apply in every case.

- Save up and get current.
- Work with the lender for a forbearance agreement.
- Work with the lender for a loan modification.
- Refinance with a hard money lender.
- Get a partial claim if you have an FHA loan.
- Sell to a private investor and lease back the house.
- File bankruptcy to stop foreclosure
- Sell at a short sale.
- Sell the property outright.
- Offer the bank a deed in lieu of foreclosure.
- Just walk away and start over.

Research each of the options before jumping right into one or another. You don’t know which ones might be best for you until you know how they work.

Good luck.
ForeclosureFish

]]> By: Landlord http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2771 Landlord Sat, 12 Sep 2009 11:51:54 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2771 Keep your word and pay it as you agreed. Keep your word and pay it as you agreed.

]]> By: haygirlc http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2770 haygirlc Wed, 09 Sep 2009 01:12:01 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2770 I agree. Don't wait until the sale date is set. If you can't afford the home start calling the bank now. The loss departments are very busy. Try to work out a reduced payment, extension on your adjustable loan, etc. See what they offer you as an alternative. If you have equity in the home put it on the market! Far better to sell the home and profit little or nothing than to have a foreclosure on your credit. If you have the home listed for sale and under contract, this will help you get leniency from the bank. I agree. Don’t wait until the sale date is set. If you can’t afford the home start calling the bank now. The loss departments are very busy. Try to work out a reduced payment, extension on your adjustable loan, etc. See what they offer you as an alternative.

If you have equity in the home put it on the market! Far better to sell the home and profit little or nothing than to have a foreclosure on your credit. If you have the home listed for sale and under contract, this will help you get leniency from the bank.

]]> By: theonlytufrose http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2769 theonlytufrose Tue, 08 Sep 2009 02:22:09 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2769 Try to work with your mortgage company on paying all the late fees and then don't let them fall behind again. Try to work with your mortgage company on paying all the late fees and then don’t let them fall behind again.

]]> By: catherine s http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2768 catherine s Mon, 07 Sep 2009 04:53:40 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2768 Refinance? Contact a bank or mortgage broker and see what they can do for you. Contact me if you are in Utah. I have resources you can call on for extra info. Refinance? Contact a bank or mortgage broker and see what they can do for you. Contact me if you are in Utah. I have resources you can call on for extra info.

]]> By: scarp222 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2767 scarp222 Sat, 05 Sep 2009 17:19:47 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2767 Filing for bankruptcy will stop the foreclosure process and by you some time. You will have to still come up with money to payoff what you owe but it will give you more time. Bankruptcy, Chapter 13 will help you set up payment plans. Filing for bankruptcy will stop the foreclosure process and by you some time. You will have to still come up with money to payoff what you owe but it will give you more time. Bankruptcy, Chapter 13 will help you set up payment plans.

]]> By: junebug http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html/comment-page-1#comment-2766 junebug Thu, 03 Sep 2009 10:45:11 +0000 http://www.fn-live.com/how-can-i-prevent-foreclosure-and-save-my-home.html#comment-2766 contact the mortgage company and try and work with them. contact the mortgage company and try and work with them.

]]>