Many homeowners who were faced with foreclosure and wanted to do a short sale had to wait months before their lender would give them a final decision on whether their short sale would be accepted. Now with the new short sale rules from the Home Affordable Foreclosure Alternatives or... Read more
With many people still struggling to pay their monthly mortgage payment, it may be helpful to understand how to avoid foreclosure in turbulent economic times. 1.     Call your lender. It’s expensive to a lender if you foreclose, so they don’t want you do it as much as you don’t.... Read more