Excerpt from:  American Foreclosure Information
.
May 01, 2008

Help For Distressed Sellers

Disclose Early & Often

Are you or someone you know having financial challenges creating a hardship to make mortgage payments?

It was surprising to see many people in my immediate circle of family and friends facing these same challenges. Most people work hard their whole lives not imagining this could happen to "Them".

One of our services is designed to help a homeowner who may be soon or in the process of missed mortgage payments. A workout specialist meets with the homeowner to analyze the current situation and advises on best possible solutions. Many times we have reached agreements with lenders allowing the homeowner to remain thus avoiding the cost and risk of damaged credit. Nothing scars credit like missed mortgage payments.

Please remember help is available at no cost – just make the call. Our best advice is to let the lender know "Early & Often" regarding ability to make or continue to make mortgage payments.

Click here for a federally created website for consumers facing mortgage challenges.

Click here for the Illinois site.

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