When considering what to do with your home, foreclosure should be looked at as the last option. It is the last option because this option is the easiest one to get and you don’t have to do anything to get it.  However, the last option is one that no one wants so you need to fight back to avoid it.  This is a war and you don’t want to go down without a fight.

You should fight like mad to avoid a foreclosure which will wreck your credit, embarrass you, make you homeless, put stress on your family, and make it difficult to rent a place to live because your credit will be ruined. Foreclosure is for the person who wants to put their head in the sand and act like it’s not happening. I’m sure we all know someone who we thought was doing great and then out of nowhere, we hear that they lost their home to foreclosure.  And then we think, if we only knew, we could have helped them.  This has happened a couple times in my life and these were relatives of mine that knew I was in the mortgage business and I would have been a great mentor to them.  However, they didn’t ask for help and I didn’t know they needed it.   When people have too much pride, are embarrassed, can’t ask for help, and act like everything will work itself out, this is when the inedible foreclosure will come into their life.

Jeremy Michel – Buy My Salt Lake Home