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Saturday, April 4, 2009

Avoiding forclosure

The federal government has a "plan" for helping homeowners avoid forclosures. There are some good recommendations on their site that let homeowners facing foreclosure, or those just having trouble making their mortgage payments because of predatory loans, get some relief.

If you are facing forclosure, or have had a significant impact in earnings because of layoff or other financial problems, it is worth taking a look to see if you qualify under these new government mandated programs.

http://www.hud.gov/foreclosure/index.cfm

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