Leslie Blue: Discover the Spirited Difference
Posted Wednesday, July 14, 2010 | The Biker Blog

Avoiding Foreclosure Checklist - Homeowners Options

Avoiding Foreclosure

  • Bring your loan current and maintain regular payments in a timely manner
  • Work out a repayment plan
  • Refinance your home with better rates and terms
  • Modify your current loan with your lender
  • Rent your home and make the mortgage payments to your lender
  • Sell your home and pay off the loan amount due
  • Borrow money from a relative or friend to become current
  • Get protection under the Service Members Civil Relief Act (SMCRA)
  • Enter into a Deed In Lieu of Foreclosure or "Friendly Foreclosure"
  • File for Bankruptcy protection to stall the foreclosure process
  • Sell your home in a "Short Sale" where the lender will accept a discounted payoff of the outstanding mortgage due

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I have always enjoyed riding on the back of a bikes, whether it was a Kawasaki, Harley or BMW. A motorcycle is a motorcycle. So, several years ago, I decided it was time for me to grab on to those handle bars and so I did!