Friday, July 23, 2004

How Homeowner Can Save Their Home From Foreclosure

Real Estate by: Bobby Johnson

Drive around and see how many signs you see that says House for Sale. How many lease purchases do you see? How many abandon houses are on your street? Our country is up against the wall with delinquence mortgages. FHA mortgage lenders are filing claims in the millions from HUD. How do I know? I counsel homeowners every month concerning their mortgage and what they need to do to protect their property and communicate with their mortgage lender.

What is the cause of all these delinquence? There could be several reasons:

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