Sorry to hear about your situation. I work every day in Lehigh Acres with families like yours facing foreclosure. You can get free financial assistance. However, the HUD approved housing counseling agencies place 3 requirements on the homeowner asking for help. Good news! You don't have to wait until you can't pay. Call them immediately. It will help your negotiations with the lender if you can minimize future missed payments.
(1) You must be an owner-occupant, occupied, no â€œwalk-awaysâ€ or investment properties.
Exceptions: when it is verifiable that the ownerâ€™s need to vacate was related to the cause of default (job loss, transfer, divorce, death), and the subject property was not purchased as a rental investment, or used as a rental for more than 12 months.
(Note: Investment property may qualify using other procedures. Property owners can contact me for free confidential help and to find out about their particular options.)
(2) Your mortgage must be in default as the result of a documentable involuntary loss of income or unavoidable increase in expenses. Have your mortgage statement and list of bills when you call.
(3) You must contact a HUD-approved Housing Counseling Agency BEFORE making a commitment to a particular method of dealing with your mortgage or financial problems. Call 1-888-995-HOPE.
You will receive information regarding options and alternatives that you may be entitled to, or which may be available to you -- other than the sale of your property to a third party -- to avoid foreclosure. Write down the date, counselor's name, phone number and email address, even if the counselor says they cannot help you. Your mortgage lender will want this information. It provides 3rd party verification of your financial condition, and confirms your request for government help. Contact me if I can be of further assistance to you.
Best regards, Tom