The Foreclosure Fix

The Foreclosure Fix


Facing the Foreclosure: Your Future is in Your Hands

November 13, 2023

Welcome to another enlightening episode of the Foreclosure Fix podcast with your host, DJ Olojo. In this special Veterans Day edition, we have the privilege of sitting down with combat veteran and former Army officer, Jamie Bateman. Jamie shares profound insights gained from his military service and how those lessons apply to facing foreclosure.


Key Takeaways:


  1. Own Your Situation: Taking ownership doesn't mean blaming yourself entirely, but recognizing where you are and committing to deal with it. Succumbing to a victim mentality does not serve your best interests.
  2. Even If Mentality: Shift your mindset from "what if" to "even if." Instead of dwelling on worst-case scenarios, consider action plans and strategies for overcoming challenges, fostering a proactive and empowered mindset.
  3. Take the Long-Term View: Recognize that hardships are inevitable in life. By understanding that challenges are part of a broader journey, you can gain perspective and find the strength to navigate through tough times.
  4. Communicate and Ask for Help: Avoid the temptation to bury your head in the sand. Actively communicate with your lender and servicer. Seek assistance and advice from those who have navigated similar situations, leveraging the power of shared experiences.
  5. Gratitude and Perspective: When facing difficulties, it's essential to maintain gratitude and perspective. Acknowledge the hardships, but also recognize that challenges are just one part of your larger life story. Maintain a portfolio view, focusing on the bigger picture.


DJ Olojo and Jamie Bateman explore these crucial takeaways, drawing parallels between military experiences and the challenges of foreclosure. Tune in to gain valuable insights and empower yourself or someone you know who may benefit from these lessons. Remember, you are not alone, and there is strength in taking proactive steps and seeking support.


Jamie's Website: https://labradorlending.com/blog/a-lesson-from-the-u-s-military/


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