Today I was on a local radio show talking about ways to avoid foreclosure. This is a very widespread problem that may affect you or someone you know. Here are a few tips to help avoid foreclosure.
1. Stay in contact with your lender. If you are going to miss a payment you need to call your lender before it is missed. Many companies have programs in place to help with this.
2. Do not ignore notices from your lender. They will send you mail and post notices on your door. If you really want to save your home you need to make sure that you respond to these notices.
3. Do not pay for credit counseling. The government offers credit counseling for free. There is absolutely no reason to pay for it.
4.Visit http://www.hopenow.com/ it has several resources to help you avoid foreclosure.
5. Do not sign anything that you do not FULLY understand. There are some scammers out there that will take advantage of you and your situation. Try to surround yourself with people you can trust.
If you are interseted here is the link to the podcast from the show I did this morning.
http://a1135.g.akamai.net/f/1135/18227/1h/cchannel.download.akamai.com/18227/podcast/SALTLAKECITY-UT/KZHT-FM/Zoo%201%2013%2009%20Part%204.mp3?CPROG=PCAST&MARKET=SALTLAKECITY-UT&NG_FORMAT=chr&SITE_ID=1084&STATION_ID=KZHT-FM&PCAST_AUTHOR=97.1_ZHT&PCAST_CAT=Radio&PCAST_TITLE=Morning_Zoo_-_Show_Podcast
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