Foreclosure Is Not The Only Option

I have 6 tips that you should consider before foreclosure:
1)Do Nothing - If you do nothing your property will be foreclosed. Your credit will be ruined, and you will not be able to purchase another home for at least 3 years.
2)Reinstate the loan - The lender is willing to cease foreclosure proceedings if you bring all back payments current, plus any interest and penalty charges.(call for added tips on how to raise funds)
3)Renegotiate with the lender - Explain to the right person at the lender that you went through a rough patch, but have now gotten financial ability back. If your property has equity the lender may be able to add your pass due payments on the back of your loan and you start making regular payment again.
4)Refinance - The government has come off with some home affordable programs that you may be able to qualify for.
5)Appeal an error - Lender can make errors. If the lender claims an amount is owned that is not correct, the foreclosure process may be delayed. Ask your lender for a detailed account of the amount they believe you owe.
6)Sell Your Property - If you are going to lose your house to foreclosure, it may be in your best interest to sell it while you still have the chance. You can do this by hiring an experience Short Sale Realtor or you can attempt it by yourself before the foreclosure sale.

HUD HOMESTORE

If you are a policeman, fireman, or teacher you make be able to qualify for the government program call GNND (Good Neighbor Next Door). This program offers you the opportunity to purchase a home in a low to moderate median income community for a 50% discount off the HUD purchase price. Contact me if you are interested in being qualified for the program and get the list of HUD properties that qualify for the program in the Riverside County areas. e-mail address jcploans@gmail.com or call 951-230-8814.