By Ernest O’Dell – Questar TeleCommunications and Guerrilla Real Estate Marketing
Thanks to fierce competition among lenders, a dizzying array of mortgage options, and government policies to encourage home buyers, more people than ever before are able to buy homes. Unfortunately, the increase in homeownership has been accompanied by record foreclosure rates. Just a couple of missed mortgage payments can start foreclosure proceedings, and before you know it the house you’ve worked so hard to buy can be taken away from you. Worse yet, you may still end up owing money if the sale of the home doesn’t cover your loan balance, and a foreclosure hits your credit like a freight train. If you’re threatened with foreclosure you may be able to prevent this scenario, but you’ve got to act fast.
Click on the link below to read the rest of the article in PDF format.
How to Save Your Home from Foreclosure.pdf
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