
One very good option you have when you are in this situation is to attempt to sell the house before the foreclosure is completed.
How to Sell Your House – Broward County FL: Your job has cut your hours. Your wife’s part time job at the school has been eliminated. This is leaving your household with much less money to work with each month than when you took out the loan. The payments were fine back then, but now you are having trouble. Read more...

“If the lender agrees to accept the short sale amount you will be forgiven the remainder of the loan amount in many cases.”
How to Sell Your House – Clay County FL: When you think you will be foreclosed on soon, or are already in pre-foreclosure, you may have heard about an alternative action called the short sale. In a short sale the house is sold to someone who buys the house for less than what you owe on your mortgage. [..read more..]




You usually still have time to pay off what you owe and restart your mortgage before the sale date.
How to Sell Your House – South Chase FL: If you have been sent a pre-foreclosure notice you will see a date by which you must make up your past due mortgage payments and there are almost always fees on top of that amount. The time for this payment to be made is usually 30 days. If you can’t come up with the full amount owed, and can’t come to any other agreement with your lender, a foreclosure will begin. Read more...
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