Can You Keep Your Home While In Foreclosure?

When the bank sends you a notice of foreclosure, it may seem like a done deal. But, what if it isn’t? Kelly over at Taxgirl forwarded me an email that offers some great advice on how to work through the foreclosure process. The advice comes from Jacob Benaroya, president and managing partner of Biltmore Capital Group, an institution that purchases problem loans from mortgage lenders.
Here are 10 things  Benaroya suggests when your home is in foreclosure:

Don’t hide. Respond to mail and phone calls directly.
Be proactive. Contact the lender and talk about your financial situation.
Realize that the mortgage lender isn’t in …read more