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Top 10 Foreclosure Avoidance Tips

Here are 10 suggestions to avoid foreclosure, both now and in the future: don’t ignore the problem, contact a HUD-approved local nonprofit counseling agency, find out what your home is worth, avoid fee-based for-profit mortgage prevention companies, know your mortgage rights, estructuring the loan at lower rates, restructuring the loan at lower rates, bankruptcy is an option, consider refinancing, don’t assume that you are immune to a foreclosure in the future.

 

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