Help for Homeowners Facing Foreclosure – MarketWatch

OCEANSIDE, Calif., Aug 05, 2008 /PRNewswire via COMTEX/ — As foreclosure numbers increase, so does the personal toll on homeowners. Bank Foreclosure – REOs climb to record levels, and homeowners caught in this crisis pay a higher cost than just the financial losses of foreclosure. The personal and emotional costs are also mounting. They are worried, frustrated and often embarrassed and afraid to talk with their lender about ways to solve their problems. Help for Homeowners Facing Bank Foreclosure – REO

Tina, a single mother of two, living in Moreno Valley, California, thought buying a house was going to be the happiest time of her life. “I was living ‘the American dream’ until one day my son was diagnosed with a life-threatening illness. My dream became my nightmare. I started missing days at work that led to missed income. It was nearly impossible to make my mortgage payment.”

MarketWatch - 10 hours ago
Deborah Stegemann has worked in the real estate industry for more than 35 years and is an expert in credit counseling. She says it is a tough decision for

Help for Homeowners Facing Bank Foreclosure – REO – MarketWatch

Help for Homeowners Facing Bank Foreclosure - REO - MarketWatch
Full Story….


Carlos Sagastume
No tags for this post.
Posted by on August 5, 2008. Filed under HUD Homes. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>