Falling Behind? Here's What to Expect (and Do) Next - Sharon Powell

Falling Behind? Here's What to Expect (and Do) Next

If you’ve missed a mortgage payment, don’t panic—but don’t ignore it either. Many lenders won’t take immediate action after one missed payment, but multiple missed payments trigger letters, calls, and eventually, legal steps.

Your Action Plan:

  • Contact your lender immediately and ask about loss mitigation options

  • Review your finances to see what adjustments can be made

  • Consult with a foreclosure specialist to explore all your options

Time is your greatest asset in a foreclosure situation. The sooner you act, the more solutions are available to you.

Ready to talk through your options? Call me today.

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Providing information and insight to the housing market for Houston and surrounding areas. Along with other information needed to improve your space.
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