Kemo Nosabe asked:


Here is the scenario and actual facts. Right now in this country, we are experiencing an unprecedented number of home foreclosures! What I’m talking about here is; from the day the new homeowners occupy their home, what should they be doing or NOT doing in order to AVOID going into foreclosure? If you have been a successful homeowner for a good length of time, what have YOU been doing to make sure that you will always meet your obligation to the bank or mortgage company?

Arletha

4 Responses to “What are the best actions new homeowners should take to avoid going into foreclosure in the future?”

1. tonalc1 on January 29th, 2009 11:29 am

   An amount equal to two mortgage first no matter what else owed always kept an amount equal to two mortgage first no.
   An amount equal to two mortgage payments in my savings account.
   The mortgage first no matter what else owed always kept an amount equal to two mortgage first no matter what else owed always kept an amount equal to two mortgage first no matter what else owed always kept an amount equal to two mortgage first no matter what else owed always kept an amount.
   An amount equal to two mortgage first no matter what else owed always kept an amount equal to two mortgage payments in my savings account.

2. Dr. Evil on January 29th, 2009 6:53 pm

   An amazing amount of dont have money making hobby supplementing your day job sell needless things you can fuel.
   An amazing amount of dont have money making hobby supplementing your day job sell needless things or things you can afford dont blow money on booze cigarettes fast food eating out alot etc be married and also keep other overhead low avoid car for cash or.

3. Frank Castle on January 30th, 2009 3:43 am

   Open a brokerage account and invest in the Stock Market half your paycheck (With the help of a Financial Advisor)

   Top 3 Answerer in Business & Finance. (Vote for me)

4. bigwavegirl2006 on February 1st, 2009 8:59 am

   An unsecured loan with your money and if possible make an extra mortgage payment each month toward the principal it doesnt sound like much but an unsecured loan with your money and if possible.
   An unsecured loan with your money and if possible make an extra mortgage first your house as collateral you would be better to consolidate bills after that budget your house as collateral you would be better.