The thought of losing your home due to foreclosure can be a devastating experience. If you've been late on payments or missed them altogether, foreclosure could be in your future. However, it doesn't have to be. There are varieties of steps you can take to prevent Santa Cruz foreclosures.
1. Contact your lender
In order to sort out the situation, you need to involve your lender as soon as possible so you can figure out the next plan of action and keep your home.
2. Set up a repayment plan
Usually, repaying your missed payments is the start of fixing the problem; that's why contacting the lender is so important. Depending on what you work out, your repayment costs may only be a little bit more than the cost of your current mortgage.
3. Try to get…