If you are facing difficult economic times, and may be facing a foreclosure, DON'T GIVE UP! Many homeowners facing foreclosure just give up.
They may not understand the process.
Or, they may just no longer care about what happens to their home.
They are fed up and decide to give in.
I have provided a list here of "The Reasons You Should Avoid Foreclosure".
These are those little things that no one tells you while you are going through the foreclosure process: Here are the reasons why I believe you should do everything in your power to avoid foreclosure:

1. If you decide in the future you want to apply for another mortgage, or even apply for a new job, you will have to disclose that you have had a foreclosure on both a mortgage and a job application.
   This can have an adverse affect on future mortgage rates you might get and it may also cause you to lose out on a possible new job.
   
2. If you foreclose on your home, your credit scores will be lowered by 300+ points.
   A foreclosure is THE most devastating credit issue you can have now and for future credit inquiries.
   A foreclosure is also the one credit report item that is impossible to repair.
   
3. If you foreclose, your lender can seek a deficiency judgment against you.
   This means they can collect for any amount they do not recuperate at a bank sale.
   And, to put it even more simply...
   that means in the future, you may owe your bank money because you foreclosed and they will have the right to go after you for those monies!!
4. Many employers nowadays run credit checks on their prospective and current employees.
   A foreclosure is one of the top items that could put your new job in jeopardy or even cause you to lose your current job, and lastly
5. Jobs with security clearances and government positions including but not limited to military and law enforcement can be putting their jobs at risk if they have a foreclosure as these positions have credit checks run on a regular basis.
   If you have one of these positions, do you want to lose your job and possibly a pension?

So if you want to keep your job, get a great new job in the future, have a better credit rating and not have to pay any money back to your bank in the future because you foreclosed, you should contact me at your earliest convenience so we can talk about a short sale.
As a Certified Distressed Property Expert I can help you work with your bank toward a short sale resolution.
Just remember, while it may not seem like it now, there will be a time where your financial troubles will pass.
I don't want a foreclosure to haunt you for years to come.