Steps to Prevent Foreclosure

Having trouble keeping up with mortgage payments? Received a notice from your lender to contact them?

If you are unable to make mortgage payment:
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• Don’t ignore the problem.
• Contact your lender as soon as you realize that you have a problem.
• Open and respond to all mail from your lender.
• Know your mortgage rights.
• Understand foreclosure prevention options.
• Contact a housing counselor.
• Prioritize your spending.
• Use your assets.
• Avoid foreclosure prevention companies.
• Don’t lose your house to foreclosure recovery scams.
  If any firm claims they can stop your foreclosure immediately if you sign a document appointing them to act on your behalf, you may well be signing over the title to your property and becoming a renter in your own home! Never sign a legal document without reading and understanding all the terms and getting professional advise from an attorney, trusted real estate professionals, or a certified housing counselor.

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