If the foundations of your financial world are crumbling inwardly, and the black words ‘foreclosure’ and ‘short sale’ are hanging heavy in your heart, you are not alone. ‘Hope Now’ and ‘Project Lifeline’ are newly formed organizations that may be able to help you.
Foreclosure feels like financial ruin, and even though you are out of energy, you must try everything you can to avoid it. This way, if foreclosure comes, you can at least know that it was inevitable.
Before you start down this dark track, have you tried to approach your Lender? He probably has no idea that you may be floundering. The Lender who paid for your property, be it a regular bank or a private Lender, will not want to take your house back. If there is a way for him to work out a deal with you, he may be glad of the opportunity.
The Lender does not want to take your house away; he wants to make his interest on your loan. He also knows that we now have a buyer’s market, which makes it more difficult for Lenders to sell properties.
The Lender would like you to keep the property and carry on with your part of the deal –...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
