Losing your home to a foreclosure can be a psychological blow, as well as a financial and practical one.
It’s important to acknowledge that the prospect of losing your house can be a psychological blow, as well as a financial and practical one. You can’t avoid these emotional realities, you’re not a machine, but facing them can help you approach your foreclosure in as calm and rational manner as possible.
If you’re like many homeowners, the thought of foreclosure triggers fears of ending up in the street. So let me reassure you: It just doesn’t happen like that.
Preforeclosure period. Foreclosure is an orderly process. Under federal law, a foreclosure generally can't start until the borrower is more than 120 days delinquent.
We can help save your good credit by catching up your payments and may be able to put cash in your pocket.