No matter how dire your current circumstances are, you still have options!

Here is a list of suggestions for distressed homeowners who may be behind on their mortgage  payments:

1. Beware of scams. If the solution sounds too good to be true, it probably is!
   1. www.fanniemae.com/homeowners/beware-of-scams.html
2. Seek foreclosure avoidance counseling. There are government and non-profit agencies that exist to help homeowners like you.
   1. www.hud.gov/foreclosure
3. Get profession legal and tax advice. Make sure you have professionals you can trust in your corner protecting your interests.
4. Talk to a real estate professional with experience dealing with pre-foreclosure and will explain options to you. You may be eligible for a loan modification program (HAMP), short sale, or refinance. See our contact information below.

OTHER RESOURCES:

HUD-approved housing counselor: (800) 569-4287

Homeowner’s Hope Hotline: (888) 995-HOPE (4673)

DO YOU HAVE ADDITIONAL QUESTIONS?

If you have additional questions about home foreclosure, use our contact form or call David Baker for a professional consultation.