Saturday, September 8, 2007

Six Steps to Avoiding Foreclosure

We talked about these steps today briefly on the radio program, My Greenville Home, on WMUU 94.5 FM in Greenville, South Carolina. We didn't get a chance to go into details because we ran out of time, so I thought I'd post the link for you to read it for yourself.

Just to recap, the six steps are:
1. Call your lender immediately.
2. Ask to speak to the "loss mitigation" department.
3. Have everything you need in front of you to discuss your financial situation with your lender.
4. Know the different ways your lender can help you.
5. Know where to turn if you are not getting help from your lender.
6. Be aware of the foreclosure process--and consequences.

Be sure to read the whole thing in the link above for more details.

1 comment:

Doug said...

Dan - Good advise.

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