Chances are that you, like other people, are aware of the problems in the real estate market. Foreclosures are at a record high. You may even have been suffering from foreclosure fever a little yourself.
Perhaps you have a loan with an adjustable rate that has gone up sky high? If that’s the case, then you may be struggling to make your mortgage payments and wondering if you will soon be joining the dismal statistics of those who are in foreclosure. In some states, such as California, Florida and Nevada, foreclosures run into the hundreds of thousands.
Perhaps you recently lost your job and are having a hard time finding another job. The unemployment rate has been sky high lately. If you are one of the unlucky people who has found themselves out of work and is now struggling to make the mortgage payments, you may be worried about foreclosure and looking for ways to avoid foreclosure.
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