Foreclosures happen for many reasons and it is something no homeowner wants to experience. There are many resources available to homeowners concerned about or in jeopardy of being foreclosed upon. I have a series on this site with loan modification tips. Unfortunately, we are hearing about many instances where homes are being foreclosed on while the homeowner is in the process of the loan modification. We are also seeing many new short sale listings coming up after failed loan modifications. We have a new series coming up on the short sales in Marin, stay tuned for that. In the meantime, we thought it would helpful to have tips and resources for homeowners who need assistance and information to avoid foreclosure.
CREDIT COUNSELING SERVICES– HUD approved, non-profit counseling service, offers assistance with debt management, budgeting, credit report review, housing education and financial planning.
The California Association of REALTORS provides this list of online resources:
FORECLOSURE AVOIDANCE TOOLS