June 10, 2010
5 Tips to Avoid Foreclosure or a Short Sale
Reduce your stress by being proactive when it comes to your finances. When you see the first signs of a possibility of trouble making your payments or find you can’t afford to pay at all. Call your mortgage company and explain your situation. They may help with a plan.- Contact a HUD approved housing counselor at 800-569-4287 or go to www.hud.gov
- Read your mail and never ignore a problem it will only escalate into a larger issue.
- Prioritize your spending. Find other ways to generate income. You may want to sell items you no longer use or need, but have value to someone else. Perhaps a temporary part time job.
- Always keep good detailed notes when speaking with your mortgage company and others that are helping you with your situation.
Posted by: 
Mary Petersen
Tagged With:
avoiding foreclosures,
foreclosure,
mortgage company
and short sales
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