BiggerPockets

can any one explain how to avoid foreclosure.

You might get a more complete answer if you ask a more specific question or explain the situation. Jim's right, though. Just make the payments and the bank won't foreclose.

All of those options do not Avoid foreclosure, they only delay it for another day, or outright take your home away from you in the case of 3 & 4.

The options 1 & 2 will only dely the eventual foreclosure as the client has not changed their attitude and will be back in the same position again, usually sooner that later.

The only real way to avoid foreclosure is to PAY YOUR BILLS. And the more you do this the more it becomes a habit which will change your lifestyle itself and you will never be in that position again. After paying your bills and finding nothing left over you get mad and either find a way to make more money or to reduce those bills so that you can have some money to play on like we all love to have.

PAYING YOUR BILLS sounds so simplistic but will change your mindset totally and allow you to do what you want to do PLAY.

I find one of the best ways is to get a forensic audit of your loan and i found a great place called mfi miami they are one of the best in the biz