Tips to Help Avoid Foreclosure in Hawaii for 2011
Heading into the holiday season, you may have found some extra time to research how you can avoid foreclosure. If so, congratulations on taking the first and most important step in improving your situation—seeking help!
To be successful now and in 2011, here are the top three areas you should focus on:
1. Create a Budget: When seeking an arrangement with your lender you must provide the monthly income shortfall that keeps you from making your mortgage payment. Create an itemized list detailing your monthly income and expenses. Gather your bank statements and check stubs for the last three months.
2. Know Your Options: It is important to know you have several options to consider so you can take advantage of the solution that is best for your specific situation. Find out more about your options on www.ownersoptions.net
3. Contact an Experienced Professional: A licensed professional who has undergone specialized training is vital to successfully navigating foreclosure avoidance. As a CDPE designated agent I have trained extensively to provide you with the information you will need to execute a strategy tailored to your situation.
Note: Most major lenders have granted a two week foreclosure holiday from December 20 to January 3! If you need assistance contact me or another professional you know to help prevent foreclosure and begin the process to regaining financial stability in 2011
Bob Courtney RA, CDPE, MCRE