First thing you should do is call your lender. There are options that your lender may provide to you that can save you from foreclosure. A lender could agree to a forbearance, which would temporarily suspend or reduce payments or they could agree to a mortgage modification. A mortgage modification is where a lender agrees to permanently change the terms of a loan to reduce the monthly payments. Believe me when I say, the bank does not want to foreclose on your property. There is help out there for you so please take advantage of it.
For more information please contact me at:
813-841-2000
