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How can homeowners stop foreclosure?

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Anonymous

12y ago
Updated: 8/20/2019

There are a few ways that homeowners can stop foreclosure. If they cannot meat their mortgage commitments, they can try and renegotiate their mortgage with their lender. They can also try to get a court order.

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Wiki User

12y ago

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Do banks or homeowners have foreclosure auctions?

Lenders will occasionally have foreclosure auctions. Homeowners will often sell their property to avoid foreclosure.


Is there a Federal Grant Program for homeowners facing foreclosure?

There is no federal grant program for homeowners facing foreclosure. Many states do offer assistance.


Does homeowners insurance cover foreclosure?

No. Homeowners Insurance does not cover the owners default on a mortgage note.


How can one stop mortgage foreclosure?

A number of programs have been implemented by the US government to help homeowners avoid mortgage foreclosure. The US Treasury Department and the Department of Housing and Urban Development manage the majority of these programs.


How do you stop foreclosure and eviction?

The best way to stop foreclosure is to stop in occurring this event to happen.


What is the best recommended foreclosure website?

There are agencies who can help you to stop foreclosure. I have saved my house from foreclosure and if you have a foreclosure property then those agencies will buy it at a great price. For foreclosure guide you can visit myprgenie.com you will get stop foreclosure guide by 2brothers real estate


Is there a guaranteed way to stop a foreclosure?

No, there is no guaranteed way to stop a foreclosure. In order to prevent a foreclosure, you can just pay your mortgage on time and you can read about it at hud.gov/homes/homesforsale.cfm


What is foreclosure help?

Foreclosure help is advice and help you can get from an organization or service that will help you through a foreclosure or help you stop a foreclosure. Foreclosure Help and Hope is an organization that can help.


If your renting a home in foreclosure when do you stop paying rent?

Not until there is a foreclosure sale.


Why am I being sued after foreclosure?

If it sold for less than you owe on the mortgage and costs associated with the foreclosure, you can be held responsible in some states for the balance. You might consider seeking advice from an attorney who works with homeowners who face foreclosure.


Can you stop foreclosure you have cancer?

I think this is not a good reason for stopping closure. The best to stop foreclosure is to prevent it in occurring at the first place.


When we file the Motion to reinstate does this stop foreclosure process?

Once this motion is recorded it should stop the foreclosure process. Actually, once the bankruptcy is filed, the foreclosure process should already be stopped.