Foreclosure & Loss Mitigation
Get information and resources to help you understand the foreclosure process and explore options for avoiding foreclosure. Learn about loan modification, short sales, deed in lieu of foreclosure, and other strategies to save your home or mitigate financial loss.
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78 discussionsGetting a lender to budge on underwater home sales—tips?
Trying to help my cousin out with a house that’s worth less than the mortgage, and the bank isn’t exactly jumping at our first offer. Anyone have tricks…
Getting a letter about property being sold—what now?
Got this official-looking letter in the mail today saying the house next door is going up for sale at auction because of unpaid taxes. I’ve never dealt with…
Is it better to pay upfront or roll counseling costs into your loan? (1 viewing)
Trying to decide if I should just pay the housing counseling fee out of pocket now, or have it added to my mortgage. Upfront is a hit to…
Did you know housing counselors can help with credit issues too?
I just found out that housing counselors don’t just talk about mortgages or renting - they actually help people fix their credit, which can make a huge difference…
Need help with foreclosure but lawyers seem pricey—what's your move?
So I've been having a bit of trouble lately figuring out how to handle a foreclosure situation. Obviously, hiring a lawyer sounds like the smart thing to do,…
Mortgage relief program saved my sanity
Went through one of those mortgage modification programs after hitting some rough financial patches, and honestly, it was kind of a lifesaver. But the paperwork drove me nuts.…
Career Crossroads: Stick With Stable Gig or Jump Into Risky Dream Job?
Been going back and forth in my head for weeks now...I'm at a decent job, pays the bills, coworkers are chill, but it's not exactly lighting a fire…
Finally found something that explains foreclosure clearly
I was pretty overwhelmed when I first got hit with foreclosure notices, you know, all the legal jargon and scary paperwork. A friend recommended this online guide thingy,…
Smart Thermostat Vs. Energy-Efficient Windows: Which Saves More Money Long-Term?
Been thinking about ways to cut down on energy bills lately. Torn between installing a smart thermostat or upgrading to energy-efficient windows. Thermostat seems cheaper upfront, but windows…
What if your dream home went up for auction?
I've been thinking lately, what if you found out the house you've always admired - the one you drive past and think "man, someday..." - was suddenly listed…
