answersLogoWhite

0

There may be ways to stall it off, (and ways to speed it up), some as simple as how you respond to the mortgage co....but the bottom line is, unless you pay the loan fully, it is unavoidable that you will end up losing the house.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What are some good ways to avoid foreclosure?

The best way to avoid foreclosure is to prevent the filing of a Notice of Default. Lenders do not want to foreclose but will file a Notice of Default to protect their interests, if necessary.


How can a homeowner avoid foreclosure when their mortgage is held by Bank of America?

A home owner can avoid foreclosure when their mortgage is held by the Bank of America in one of the following ways: Contact them, they can workout ways to assist with payments or reduce the cost of mortgage to fit in with one's budget.


Do banks or homeowners have foreclosure auctions?

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


How do you stop or postpone foreclosure?

There are several ways to stop foreclosure. Following are the most common ways: 1- Apply for a home loan modification 2- Sell your home using the short sale process 3- File Bankruptcy 4- File an emergency bankruptcy 5- Hire a company to legally stop and postopne the foreclosure sale by challenging the trustee about the legitimacy of the foreclosure process. Ulitmately, always seek the advice of an attorney, credit, and tax professional before you decide what avenue to take to avoid foreclosure.


What is the difference between a foreclosure and short sale?

A foreclosure is the surrender of the property to the lien holder for nonpayment of the debt. A short sale is the sale of the property before the completion of the foreclosure in an attempt by the home buyer and the lender to avoid foreclosure proceedings.


Where can one get help to stop a foreclosure?

If one is threatened with a foreclosure and threatened with eviction from one's house, visit Citizens Advice. They may be able to suggest ways of avoiding the foreclosure.


Where can one go in order to find mortgage foreclosure help?

The best place to get foreclosure help is from the institution that holds your mortgage. You may be able to renegotiate the terms of the loan and avoid foreclosure. Otherwise, Foreclosure Advisors can help you negotiate with the bank.


What are your rights during a foreclosure on your home?

It actually depends on your state, as the foreclosure laws are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure.


How do I avoid foreclosure on my home when I have lost my job?

There is only one way to avoid foreclosure - make your payments. Any other method merely delays the inevitable. In extreme cases, depending upon the state you live in, bankruptcy can temporarily stop the foreclosure process while you get back on your feet.


Can I Avoid Bank Foreclosure?

The notice itself should have given you options for ways to respond or contest the process. If these do not work then contact a lawyer who specializes in real estate or foreclosures for help with stalling the process.


What steps can I take to stop a foreclosure on my house?

The first step is to contact your bank or mortgage company. Many banks will work with customers to avoid foreclosure.


How can refinancing help me avoid foreclosure?

Refinancing can help you avoid foreclosure by replacing your current mortgage with a new one that has better terms, such as a lower interest rate or longer repayment period. This can make your monthly payments more affordable and help you keep up with your mortgage payments, reducing the risk of foreclosure.

Trending Questions
What is a patent lumen? Can ex husband take wife's inheritance in divorce? Where can I find some free legal documents? What is the executive commission? Is it legal for any business to add a credit card convenience fee to a bill are the amounts arbitrary and if added is it also legal to charge tax on that fee? Should fathers be given the same chance as mothers to gain custody of their minor children? What uses are made of the information shown in the employee's earning record? How does a school become a trade school? Is the government going to fund NASA any more? How do you prepare for small claims court? What is the name of the voting process that decides a political party's candidate for president? What does it mean when a contractor threatens to put a lien on your home? Who is state representative from Allen county to the state legislature in Columbus? Does California have the death penalty? Are you entitled to your wifes inheritance? What are the Georgia laws on divorce and how do they impact the division of assets between spouses? What is the name of the streets in which Jack The Ripper murdered his victims? Is a marriage null and void if you are not divorced from first husband? Ok lets say I get my permit in Georgia and you know when you get your permit you have to wait a year to get your license if i move to Florida would i have to get a whole new permit and wait a year? What is the meaning of economic rights and moral rights under the rules on copyright?