Tips for Avoiding Foreclosure - HUD
Are you having trouble keeping up with your mortgage payments? Have you received a notice from your lender asking you to contact them?
Here are the helpful tips on how to avoid foreclosures:
- Don’t ignore the letters from your lender
- Contact your lender immediately
- Contact a HUD-approved Housing Counseling Agency
If you are unable to make your mortgage payment:
- 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 HUD-approved housing counselor.
- Prioritize your spending.
- Use your assets.
- Avoid foreclosure prevention companies.
- Don’t lose your house to foreclosure recovery scams!
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