Its easy to feel helpless when the bank is foreclosing on your home, but it does not have to be that way. There are things that can be done during foreclosure proceedings to convince the bank to allow you keep your home. You should work with your lender if you are behind on your mortgage and the sooner the better. It is possible as many people are learning everyday!
If Youre screening your calls and worried about what youre going to do if the bank does take your home you need to realize that time is still on your side but you have to act now to fix your situation. It is going to get really ugly as the bank starts the legal process to take back your home. You should understand that the bank would really rather not foreclose. Not because they are feeling sorry for you or they are worried about the kids, it really is a matter of them not wanting to carry your home on their books but again you won’t know until you take action to prevent this from happening. Stopping your foreclosure is possible and will depend on your specific circumstances but just know that you do have choices and you dont have to lose your most important investment.
Again, the bank doesnt...
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