If you are facing foreclosure, you have options.
The first question to ask yourself is:
"Do you want to keep your home?"
The sooner you act, the better choices you will have to save your home.
Find the following documents:
Last two months of bank statements;
Last two pay stubs;
All contracts with your lender;
All loan documents.
Then create a monthly budget documenting your expenses.
Next, create a letter of hardship that describes why you are behind in your mortgage payments.
Possible Quick Fixes
Can you rent out a room to increase your revenue?
If it is a rental property, can you increase the rent?
Do you have a car or other item that you can sell?
Can you tap into your retirement?
Can you cash out an insurance policy?
Can you sell some of your possessions, such as jewelry? |
