If you are struggling to make your mortgage payments or already facing foreclosure, your need to decide if you want to stay in your home or if its better to lose it through foreclosure. Some homeowners use every last dollar and ounce of energey to keep their home, only to lose it anyway. Others may give up their home, when in fact, they had some viable long-term options for keeping it.
Learn how to assess your current situation, long-term goals, and realistic options so you can decide if you should try to avoid foreclosure or instead walk away from your home.
Strategic Default: Should You Walk Away From Your Home?
In a strategic default, you let your home go into foreclosure because it's a bad financial decision to keep it. Learn the pros, cons, and alternatives.
Deceptive Foreclosure Practices: When Banks Treat Occupied Homes as Vacant
Banks have been locking homeowners in foreclosure out of their homes without the legal right to do so. Learn how to prevent this.
The Bank Changed My Door Locks But My Home Is Still in Foreclosure. What Should I Do?
If you're still living in your home, the bank can't legally lock you out before the foreclosure process is complete.