Fearing Foreclosure: Alternatives That May Provide A Second Chance For At-Risk Homeowners
There are countless stories on the Internet and other media that tell the details of homeowners tricked by predatory lenders into accepting loans that caused them to lose their home. These stories are tragic, but the homeowners who are not mentioned are the ones who have paid on their homes for 15-20 years and suddenly find themselves in a position they never expected. It does not always take a market collapse or natural disaster to create a situation where the money for the mortgage is not readily available.