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Thursday, April 7, 2011

Do You Know Your Options?

This is a Sponsored post written by me on behalf of Fannie Mae for SocialSpark. All opinions are 100% mine.

With today's economy, many people are finding themselves in the horrible situation of home foreclosure.  Our home is one of our most prized possessions.  It's where your family relaxes, enjoys meals together, plays games and connects.  It's your home.  One of the scariest things to think of is possibly losing what you've worked so hard to build.  If you, or someone you know is struggling with making your mortgage payments, do you know your options?

KnowYourOptions.com

This is a website that is a wealth of information for those struggling with the issue of possible home foreclosure.  They have links to housing counselors, calculators, contacting your lender, understanding your credit score, videos, etc.  They offer helpful advice for options to keep you in your home.  If you don't want to work to try and save your home, they offer helpful links for leaving your home. 

The best advice I can offer to any family member or friend who may find themselves struggling right now, is to read everything there is, at KnowYourOptions.com

There is also a tab "Beware Of Scams".  This tab is particularly helpful, because unfortunately with today's economy, there are many scams going around.  It's important for you to read this information, so that you're aware of what may be a scam.  You can only protect yourself, if you're armed with the information.

If you're struggling with  mortgage payments, please know that you do have other options than foreclosure.  If you click on the "Options to Leave Your Home" tab, you can find information on a short sale or a deed-in-lieu.  Either of these options would keep you out of foreclosure.   Please ma

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