Stop a Foreclosure

By: Stacey Krech
Submitted: 2007-01-17 16:16:14
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While there are many technical aspects to successfully stop a foreclosure, I thought it best to cover a more personal aspect here. You are doing nothing while your home slips away from you! Ignoring your foreclosure will not keep the bank from taking your home. (No, there is NOT a chance they forgot about you.)

The Top Tip to Stop a Foreclosure: Understanding and Moving Past Your Emotions.

So let's be honest here, ok? You have feelings and feelings are messy. We often do not want to deal with them. To make it worse, we have a glut of emotions linked to money. I know from experience how you may be feeling.

Foreclosure is a stressful experience. During my crisis I felt anxious and worried. I was afraid to open my mail and I dreaded answering the phone. I was so ashamed and afraid of being labeled a "loser" that it was hard for me to ask for help. Maybe your feelings are similar.

But guess what? Avoiding a phone call or tossing out a threatening notice does not stop the lender from taking your home! In fact, it may just speed up the foreclosure process. You are telling the lender that you are uninterested. Plus, foreclosure is an urgent matter. You have a deadline after which the bank auctions off your home. And be assured they will, even if they never speak with you.

So...understand your emotions. Know how you are feeling is ok and natural. You are not alone. Just this month there are over 100,000 homes in foreclosure across the USA! We are all different, yet I somehow think a great deal of these people are feeling just like you.

Also understand that this is not personal nor is it a reflection on what kind of person you are. You are not your money and life will life you. Maybe what caused you to fall behind on your house payments was not your fault. Ok, I got that. Now, how will you deal with this? That, my friend, is entirely up to you.

The facts: No matter what you feel you must take action to stop a foreclosure. You must face it, deal with it and get the help you need to reach your goal before the time runs out. If I could do this, so can you!

Start with small steps today. Open your mail, organize your statements...or even contact your lender to simply say "I am seeking help with this". Maybe just talk to a close friend and share how you honestly feel.

In the end, nothing feels better than taking some positive action.

Stacey Krech from http://www.HelpMeKeepMyHome.com is a nationally known House Foreclosure Specialist and Financial Educator. She helps homeowners impower themselves and stop foreclosure through education, public awareness and service.

Article source: Expert Articles

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