Insights ~ Information ~ Inspirations

Facts of Foreclosure

It’s a tough economy and sometimes its toughness settles right on your doorstep. Durward “Santa” Blanks, a real estate broker and caregiver to his 80-year-old mother, joined us on Your Caregiving Journey to tell us how to survive a foreclosure. You can listen to our show at the end of this post. 

If you (or your care recipient) find yourself behind in payments, make phone calls now for help. It’s understandable that you may feel ashamed or embarrassed but as two people who have been there (Durward and myself), we can both assure you that not reaching out for help is the biggest mistake you can make.

We’ve compiled information that can help:

Foreclosure Resources:
U.S. Department of Housing and Urban Development: http://portal.hud.gov/portal/page/portal/HUD/topics/avoiding_foreclosure

National Consumer Law Center: http://www.consumerlaw.org/

Reverse Mortgage Information: http://www.aarp.org/money/personal/reverse_mortgages/

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