Dan Madrigal's profile

Avoiding Foreclosure on Your Home

Wichita, Kansas-based Realtor Dan Madrigal has over two decades of experience helping people buy and sell homes. Dan Madrigal is part of one of the top 100 teams at Berkshire Hathaway Home Services and provides various consulting services, including sales price negotiation and foreclosure consulting.

For many, one of the top issues when facing foreclosure is waiting too long to start taking steps to avoid it. If you think you might be facing foreclosure on your home, try to act as quickly as possible to work with your lender to learn your options.

Make sure you open and understand any mail that comes from your lender. If your lender sees that you will face foreclosure, it will likely send you foreclosure prevention options rather than wait until a foreclosure is imminent.

Also, contact a HUD-approved housing counselor. These organizations have a lot of useful information and can help you understand both your rights in avoiding foreclosure and ways to work with your lender to bridge financially difficult times.
Avoiding Foreclosure on Your Home
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Avoiding Foreclosure on Your Home

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