FORECLOSURE.JOHNNAZARENO.COM: What Should You Do To Avoid Foreclosure?

What Should You Do To Avoid Foreclosure?

• Do not ignore letters from your lender. If you are having problems making your payments, call or write to your lender's Loss Mitigation Department without delay. Explain your situation. This shows good faith on your part. Be prepared to provide them with financial information, such as your monthly income and expenses. Without this information, they may not be able to help.

• Stay in your home for now. You may not qualify for assistance if you abandon your property.

The Banks are very very slow, keep calling if you don't hear from them.