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robertsmith2005 · Joined: 22 May 2009 Posts: 338 -0.48 Dollars($)

what are the alternatives to avoid Foreclosure?

eric1 · Posted: Fri Jun 05, 2009 9:02 am Post subject:

The first thing you can do is make some mortgage payments. You can also sell the home.

Anything short of that will probably lead to foreclosure.

jameshogg · Posted: Fri Jun 05, 2009 8:20 pm Post subject:

Hi Robert,

If you are delinquent on your mortgage payments, you should inform the lender about your hardship. You may then apply for a loan modification if you want to save the property. However, if you want to get rid of the property, then you may apply for a deed in lieu. To know more about other ways to avoid foreclosure, check out the following page:
http://www.mortgagefit.com/foreclosure/17ways-avoid.html

Thanks

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