The Foreclosure Fix
Navigating Foreclosure: 5 Steps To Take If You Recieve a Foreclosure Notice
Welcome to The Foreclosure Fix Podcast, where our goal is to help one million homeowners successfully navigate foreclosure! In today's episode, host DJ Olojo we will be answering the most common question he gets from people faced with foreclosure: what do I do?
This episode will walk you through five crucial steps you need to take when faced with a foreclosure notice. You’ll understand what to do first, how to know whether or not your notice is legitimate, who you need to contact, and how to start making a plan and getting help.
Don't let the stress and confusion overwhelm you–join us as we provide expert advice, share personal stories, and uncover resources available to help you through this challenging time.
Key takeaways:
- Beware of Scammers: It is crucial to verify the legitimacy of any foreclosure notices received. Scammers are becoming more adept at defrauding people, so it's important to recognize your loan servicer, check the loan amount mentioned, and consider your payment history.
- Seek Help and Support: Dealing with a foreclosure can be daunting, but please remember that you are not alone. Reach out to friends, family, and local assistance programs for support and guidance. Additionally, the United States government offers free assistance that you might find extremely helpful.
- Take Ownership and Explore Options: Taking ownership of your financial situation is crucial for a brighter future. Whether you decide to keep your home or let it go, explore all available options to make informed decisions. Understanding your goals and seeking guidance from trustworthy sources will help you chart the right path.
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