Avoiding Foreclosure
Share your tips for avoiding foreclosure here. Some tips I can share are:
Repayment Plan- Ask your lender about a repayment plan. If you have missed a payment or two but are able to pay current your lender may allow you to add an extra $100 -$200 to your monthly payment to pay off the missed payments.
Modifying Terms of Loan- If you have a mortgage which is an adjustable loan your lender may be willing to freeze the interest rate before it increases or adjust it to something that is more easily manageable for you.
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