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Options for Sellers Who Can't Make Their Payments

There are many options to get the help you need if you are a seller who can't make the payments, are behind on payments, upside down in your mortgage or other...here are a few things that could help your situation.

Some Lenders will have options that may work for you... Do not let the situation get out of hand, contact your lender as soon as possible! The Sooner you let them know your situation you may have a better chance to find a solution. Ask your lender for the Loss Midigation department and tell them your situation. Ask them what options you have. Don't want to contact the lender yourself? Contact HUD approved housing counceling agency check the www.HUD.gov website for a list of agencies that may be able to help. There are solutions out there so don't ignore it get help!

 

Published Monday, October 15, 2007 3:29 PM by Laura McDaniel and Katy Mosley
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