Pay Your Mortgage to Avoid Your Lender Selling Your Home to Get Money Back
Foreclosure is what happens when you can’t pay your mortgage and the lender takes over owning your home. The lender then sells your home to pay off what you owe them. You have no control over how the home is sold and will be given notice to leave the property, sometimes even before it’s sold. It depends on the circumstances as to when you have to leave.
Depending on the outcome of the sale and your overall situation, you may be required to pay any amount that’s short if the home is sold for less than what you owe. That means you could lose your home, but still have to pay more to deal with your debts.
How to Get Good Debt Consolidation Advice for Free
If you want to speak with an expert to find out the best options for your situation, there are two good places you can go to get free advice.
How to Consolidate Debt Payments
This debt relief program can consolidate your debt payments and reduce or eliminate interest rates.
Top 5 Reasons People are Declined for Debt Consolidation Loans
Getting a debt consolidation loan isn’t always as easy as many people think. Here are the top reasons people get turned down.