利用者:AnaAlbee164
出典: くみこみックス
Foreclosure - Stop It
No one expects to manage foreclosure on his / her home. But life happens and you may have lost your work, been in an accident, or had a sudden death of the spouse. There are any quantity of things that can go wrong when you least expect it, and your world is tuned upside down immediately.
What Are You Going to Do?
So what do you do when these types of things strike? You've missed several mortgage repayments already and you're afraid you are going to lose your home. You need some cease foreclosure mortgage help and your banker is the one who can help you the most in your desperate period of need.
If you have been ignoring your lenders phone calls and letters it's time to put an end to that. Call your banker and let them know what has happened. Loss of a job is probably one of the most common reasons you have been in this position to begin with. The truth is these people hear this often and will help you work through your situation.
Create A win-Win For Both Parties Involved
By talking to your banker you are able to most likely come to some sort of agreement that will end up being mutually beneficial for both of you. Your banker could agree to spread out the missing payments adding one more $200. 00 or so per month to each payment allowing you to catch up without too much of a problem. Or they could bring down your monthly payments briefly, making it easier that you should save up some money for once the payments return to their own original amount.
Interest Only Payment Options
You may be able to pay on the interest only and get caught up on past payments. Although it may seem like you are getting no where at times it can be a good solution to enable you to get headed back in the right direction. No one ever never knows the near future, and the hope is that you'll be able to return to normalcy payments in time and get caught up. Don't be afraid to tell the truth about your situation as well as seek some reasonable solutions with your banker.
There are several ways your lender can help you out, call and talk for them at the first sign of a problem and they'll know they are dealing with a responsible homeowner! By avoiding them and never seeking a solution it won't shed good light on your situation, and could cost you your home in the long run.
