How To: Avoid Foreclosure

Since 1.1 million of you will soon be forced out of your homes due to the subprime mortgage debacle, we thought we’d link this extensive article in the Washington Post detailing the various strategies one can use to negotiate with lenders and hopefully stay in your home.

The big idea is that its a better deal for the bank if they can work something out with you, because with so many vacant homes on the market these days… foreclosing just isn’t what it used to be —MEGHANN MARCO.

Fighting to Keep the Roof
[Washington Post]
(Photo: Spidra Webster)