Should we turn anonymous edits back on?
"Should we [...]? (Discuss on Talk:Main Page.")
- I would reply to this discussion but I'd have to make an account to do it. ( Yes! Anonymous edits are the only way to get random people (googlers, like me) to add valuable stuff) ( I had to make an account to add this ugh ) Andrew C~ 22:33, 6 September 2008 (PST)
- I think it is fine, as is. Mike Schwartz 13:07, 3 March 2008 (PST)
- How do we contact you? Brainsik 10:57, 13 November 2012 (PST)
Best Ways to Stop Mortgage Foreclosure
Real-Estate-Yogi deliberately included bankruptcy last since you want to avoid that step if at all possible. One reason is because only a Chapter 13 allows you to maintain ownership of your home; with a Chapter 7 it depends how much equity you have in your home. In most cases if you have enough equity to pay some of your debts you will have to sell the home to satisfy the creditors.
Is Refinancing a Good Idea?
Can you refinance to stop foreclosure? Certainly you can choose that option, but should you? It depends on many things, not the least of which is the interest rate. If you bought your home when interest rates were higher it may be advantageous, but on the other hand if you bought your home fairly recently and don’t have much equity, it is not likely to help you much, especially when you add in the cost of closing. The bottom line is you want to weigh all the options before you make a final decision; quite often loan modification offers the best choice for Stopping foreclosure.
Do you know how to stop the foreclosure process? Unfortunately many people believe there is no way to stop a mortgage foreclosure in spite of the publicity that surrounds the modification process. The key to stopping the foreclosure process lies in the knowledge of the process itself; if you don’t know how it works you can’t stop it. While you can also refinance to stop foreclosure, this may not be the best option; you will need to weigh all of your options before you make a final decision. When you are faced with foreclosure it’s important to understand the process and be aware of all your options.
Real-Estate-Yogi.com is a well-established website that offers a great deal of information to those homeowners who are either facing foreclosure or in danger of losing their homes in a foreclosure action. You will also find a database of over 260,000 legal and financial experts all over America, a service that is available to consumers for free. If you are interested in scheduling a free consultation, call 800-397-1897 immediately.