You Can Stop Foreclosure Sale If You Know What to Do

Property foreclosures are difficult for anyone to face or manage. For this reason, the government has created a number of programs for helping homeowners, like you, who have problems making payments. Each year, these programs save millions of homes that would otherwise be lost.

 

Government Programs

Many ‘stop foreclosure’ programs are available for you who are at risk of losing your homes. These programs include FHA Secure, Hope Now and Project Life, all of which offer some form of security to homeowners facing foreclosure. Various loans and grants are also there if you qualify, but you need to act quickly to get them. Credit-Yogi can help you find out which program or solution is best for you. First, you must:

• Determine your financial situation and debt total
• Negotiate with your mortgage lender to see where you stand
• Create a plan of action based on your needs
• Look into programs to see which one fits your plan

An experienced professional can help make the process easier. Go to Credit-Yogi.com and fill out the form. A trained staff member will get you on your way.

 

Foreclosure Sales

To stop foreclosure sale proceedings, you need to talk with your mortgage lender to see what you need to do. This is the point where negotiation is important because it can make the difference between keeping and losing your house. Be polite and honest about your financial situation and be willing to compromise. Your mortgage lender doe not want the property to go into foreclosure either because it would be costly. Government programs, like those mentioned above, can offer some relief. The Project Life Line in particular may grant time extensions and put off the foreclosure date.

 

Home Foreclosure

You can stop home foreclosure by simply knowing why your home is up for foreclosure, what you need to do to prevent it from happening and determine the foreclosure schedule so you know how much time you have. This is why you need to act as soon as possible and seek the help of someone who knows the ‘ins’ and ‘outs’ of home foreclosure.

 

Is your property in foreclosure?  Call Credit-yogi.com at 1-866-964-9644 for a free assessment. The trained staff will help you get started.