Stop House Foreclosure

Throughout my own process to stop house foreclosure, I learned to never assume that my mortgage companies received anything. This turned out to be a good thing because sometimes they did not receive something that they needed from me and they did not call to tell me that. Sometimes I sent them things and they did not get them. The fax number for one of my contacts at one of my mortgage companies changed. Unfortunately, I did not know this and ended up faxing documents that they needed to the wrong fax number. Always check right before you fax or email them anything that you have the correct fax number or email address.

Never assume that you have accurate information. I cannot even begin to tell you the number of times that I thought I understood what my mortgage company needed from me to stop house foreclosure only to realize later that what I thought they needed was wrong. I learned to call and verify that I had the right information. This is especially important when you are dealing with things like agreements that they need you to sign or money that you need to send them.

And speaking of agreements, if you want to stop house foreclosure, make sure that any agreements that they need you to sign are completed on time and in full. I had two different agreements that I had to send to the mortgage company while I was getting my house out of foreclosure. I made sure to keep a copy of the airbill so I could track the package and make sure it got there. I also called the day after it arrived to make sure that they received it and that it was complete to their satisfaction. Again, never assume anything, always verify.

Keeping track of any money that you send the mortgage company is also important to help you stop house foreclosure. While my house was in foreclosure, my mortgage company did not accept personal checks. Everything had to be in the form of a cashier’s check, a particular bill collection service, or a bank wire. Be sure that you understand what forms of payment your mortgage company will accept under whatever agreement you work out with them. Always keep information about the money you sent them, when you sent it and how you sent it. This information proved vital to me on more than one occasion. And again, always call to verify that your mortgage company received the payment and that they received it in a format that is acceptable to them.