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The Latest from RealtyTrac MORE
How Can Financially-Troubled Homeowners Prevent Foreclosure?
For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. Remember, banks are in the money-lending business, not real estate. If you can’t reach your lender or they are making unreasonable financial demands from you, consider contacting a local community group. Consider the Homeownership When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? For the 112,210 Americans who entered the foreclosure
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • How Can Financially-Troubled Homeowners Prevent Foreclosure?
    For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. Remember, banks are in the money-lending business, not real estate. If you can’t reach your lender or they are making unreasonable financial demands from you, consider contacting a local community group. Consider the Homeownership When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? For the 112,210 Americans who entered the foreclosure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE