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Top Ten Reasons to do Everything You Can to Avoid a Foreclosure

Here are our top ten reasons to do everything you can to avoid a foreclosure:

10.  Foreclosures are forever!  By simply mailing in your keys to the bank you will not stop the foreclosure process.  The bank will proceed with the foreclosure.

9.  Foreclosures will haunt you forever.  You will have to disclose that you have had a foreclosure in future mortgage applications, and job applications you fill out from today forward. 

8.  Your credit score will be lowered by up to 300 points and a foreclosure is the most devastating credit issue you can have in relation to scores. 

7.  A foreclosure is the most difficult credit item to "repair".

6.  A foreclosure will remain on public records for an indefinite amount of time, and on a person's credit score for 10 years or more.

5.  Security clearances and government positions including but not limited to military and law enforcement can be jeopardized by a foreclosure.

4.  Avoiding foreclosure may be as easy as calling a licensed REALTOR with experience in distressed situations and getting an analysis and possible solutions.

3.  Many banks are accepting short sales - a process that if you hire the right REALTOR will allow you to avoid foreclosure at no cost to you, the bank will pay all commissions and closing costs. 

2.  You may be responsible for any defaults after foreclosure for an indeterminate period of time depending on the state you live in, this will land you in never ending collections. In a short sale, the debts are forgiven and are NOT reported on your credit report as a derogatory item.

1.  And number one - while it may not seem like it now there will come a time where your current financial troubles will pass and you will feel much better knowing that you did everything you can to avoid this devastating financial consequence so many people face today.  There is light on the other side of the tunnel.  Reclaim your life. 

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Jacqueline Kassower, the former director of Broward County, Florida's needy assistance Community Action Agency has been convicted of ...

Broward county florida public records News



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table border=0 cellpadding=0 cellspacing=0 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top font style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGBm9DVNIOGY5UkZ4QnsYdcSN08dgamp;url=http://www.politifact.com/florida/statements/2010/aug/30/ron-klein/ron-klien-says-allen-west-late-paying-bills/bRon Klein says Allen West late on paying bills/b/abr /font size=-1bfont color=#6f6f6fPolitiFact/font/b/fontbr /font size=-1West had the following liens placed on his Plantation, Fla., home according to documents from the bBroward County Records/b, Taxes and Treasury Division. b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=d7_6LxYkSIf7MVMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

table border=0 cellpadding=0 cellspacing=0 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHKAIhbjG-DKPjUMbRjUNnBFY1BXgamp;url=http://www.miamiherald.com/2010/09/03/1807681/public-jobs-feel-pinch-in-cutbacks.htmlimg src=http://nt3.ggpht.com/news/tbn/l2OQfVkJ6O62eM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2MiamiHerald.com/font/a/font/tdtd valign=top font style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHKAIhbjG-DKPjUMbRjUNnBFY1BXgamp;url=http://www.miamiherald.com/2010/09/03/1807681/public-jobs-feel-pinch-in-cutbacks.htmlbbPublic/b jobs feel pinch in cutbacks/b/abr /font size=-1bfont color=#6f6f6fMiamiHerald.com/font/b/fontbr /font size=-1The August figures aren#39;t in yet for South bFlorida/b, but in July both private and bpublic/b employers shed jobs here. Unemployment rates remained near brecord/b b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=da-KO6qbV43WgKMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

table border=0 cellpadding=0 cellspacing=0 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHarI1hWpSmv23d3eWdPUNz8qvyYgamp;url=http://blogs.browardpalmbeach.com/juice/2010/08/sue_gunzburger_ethics_code_broward_geller.phpimg src=http://nt3.ggpht.com/news/tbn/uwnxT6tW8xASgM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Broward New Times (blog)/font/a/font/tdtd valign=top font style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFZwCXuOeajXdxSeH8OdMqImNu3WQamp;url=http://weblogs.sun-sentinel.com/news/politics/broward/blog/2010/08/gunzburgers_public_spanking_th.htmlbGunzburger#39;s bpublic/b spanking: the transcript/b/abr /font size=-1bfont color=#6f6f6fBroward Politics (blog)/font/b/fontbr /font size=-1We are no stranger to these occurrences here in bBroward County/b. Let me be clear, we need ethics reform. We need a strong Code of Ethics that challenge us as b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFqfGjgGwzsoa00qkvSFSyE3uxcWQamp;url=http://weblogs.sun-sentinel.com/news/politics/broward/blog/2010/08/lieberman_demands_proof_of_con.htmlLieberman demands proof of quot;conspiracy#39;#39; from Gunzburger/afont size=-1 color=#6f6f6fnobrBroward Politics (blog)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dNDoYEVauBzp9PM2rgUPCi8SeCvWMnobrball 41 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

table border=0 cellpadding=0 cellspacing=0 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE8F2Cu4XbWGzahvAkJOjaDl0X3_Aamp;url=http://www.dailybusinessreview.com/news.html?news_id%3D64970img src=http://nt0.ggpht.com/news/tbn/tMNe-2yaTnvIWM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Miami Daily Business Review/font/a/font/tdtd valign=top font style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE8F2Cu4XbWGzahvAkJOjaDl0X3_Aamp;url=http://www.dailybusinessreview.com/news.html?news_id%3D64970bReal Estate/b/abr /font size=-1bfont color=#6f6f6fMiami Daily Business Review/font/b/fontbr /font size=-1The deal , brokered by Given and Sackley, is the highest multifamily sale in bBroward County/b this year. Last December, Acumen bought the 288-unit Banyan Lake b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dbpCzeaXvjxD3lMnobrb/b/nobr/a/font/div/font/td/tr/table

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