Tips for Avoiding Foreclosure During Hard Times

March 16, 2011 1

During these tough economic hard times foreclosures are becoming more common. If you are looking at the possibility of having your house foreclosed on, there are ways to slow down the process and in some cases, even stop it all together.

Tip # 1: Take a look at all your assets that you may be able to part with to get that extra money.

If you have an extra car or a recreational vehicle you may want to look into selling them, no matter how difficult it may be to part with them, every little bit counts. If you have jewelry, especially gold, you can often find an estate buyer or jeweler to pay you cash on the spot.… Read the rest