| Why suffer from a foreclosure? There are other | | | | are not in the business of owning real estate and |
| solutions out there to avoid actually having to go | | | | they do not want to have to take your house |
| through the foreclosure process and destroy your | | | | back, the banks have no interest in doing such. |
| credit for 7 years! Don't let the bank just take | | | | It becomes their responsibility to maintain and sell |
| your house, there are alternatives. | | | | the house once it has been foreclosed on and the |
| First you are able to appeal with the bank to | | | | banks would rather avoid that situation whenever |
| extend the redemption period and get something | | | | possible. By giving yourself more time and being |
| done with your house rather then thinking all is | | | | proactive you will find a solution to either get out |
| lost and you are going to lose your house all | | | | of that house or get back on your feet and stay |
| together and be foreclosed on. Make sure you | | | | in your home. |
| show up for your court date. By showing up you | | | | There are people out there who can help you and |
| can bide yourself more time from the judge and | | | | offer solutions to assist you in avoiding |
| help you stay in your house longer while you | | | | foreclosure. No one wins from a foreclosure, the |
| either catch up on your arrears or come up with | | | | home owner and the bank both lose. Look into all |
| a different arrangement to get yourself out and | | | | alternatives first then decide what will best fit |
| not have to go through the entire foreclosure | | | | your current needs and help you out of that |
| process. Work with the bank as much as possible | | | | stressful situation. |
| and do not think of them as the enemy. They | | | | |