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10 Tips for Avoiding Foreclosure PDF Print E-mail
Written by Ken Rohn   
Thursday, 24 June 2010 10:58

Are you having trouble keeping up with your mortgage payments?
Have you received a notice from your lender asking you to contact them?

Don't ignore the letters from your lender

Contact your lender immediately

Contact a HUD-approved NON-Profit housing counselor or a state-specific Attorney today

The Rohn Team has experience working with and recommends the following Arizona Counselors and Attorneys:

Genesis Housing Services
Contact: Tim Hensley, HUD Foreclosure Avoidance Counselor
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(480) 306-5161

Brown & Memmott, PLLC
Bryan Memmott, Foreclosure Protection Counseling Attorney
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(480) 656-8358

 

If you are unable to make your mortgage payments:

1. Don't ignore the problem.

The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your house.

2. Contact your lender as soon as you realize that you have a problem.

Lenders do not want your house. They have options to help borrowers through difficult financial times.


3. Open and respond to all mail from your lender.

The first notices you receive will offer good information about foreclosure prevention options that can help you weather financial problems. Later mail may include important notices of pending legal action.  Your failure to open the mail will not be an excuse in foreclosure court.


4. Know your mortgage rights.

Find your loan documents and read them so you know what your lender may do if you can't make your payments.  Learn about the foreclosure laws and timeframes in your state (as every state is different) by contacting the State Government Housing Office.

 

Last Updated on Monday, 28 June 2010 23:45
See Tips 5-10
 

Broker Info

Kenneth Rohn, CDPE, GRI, REALTOR®
Multi-Million Dollar Producer
Direct (480) 293-4204

THE KEN ROHN TEAM
Keller Williams Integrity First Realty
2500 S. Power Road
Suite 121
Mesa, AZ 85209
Main Office: (480) 854-2400

Each office is independently owned and operated

Copy of Broker Info

Kenneth Rohn, CDPE, GRI, REALTOR®
Multi-Million Dollar Producer
Direct (480) 293-4204

THE KEN ROHN TEAM
Keller Williams Integrity First Realty
2500 S. Power Road
Suite 121
Mesa, AZ 85209
Main Office: (480) 854-2400

Each office is independently owned and operated

Copy of Broker Info

Kenneth Rohn, CDPE, GRI, REALTOR®
Multi-Million Dollar Producer
Direct (480) 293-4204

THE KEN ROHN TEAM
Keller Williams Integrity First Realty
2500 S. Power Road
Suite 121
Mesa, AZ 85209
Main Office: (480) 854-2400

Each office is independently owned and operated

INTERESTED IN A CAREER WORTH HAVING, A BUSINESS WORTH OWNING, AND A LIFE WORTH LIVING? Contact me for more information!