Should I negotiate with the lender myself?
Yes. If you are only a payment
or two behind and your lender has not hired an attorney to begin
foreclosure proceedings you may be able to negotiate a work out
agreement yourself. If you are successful then you have saved yourself
some funds that can be used to get caught up on your mortgage. Just
remember, don?t waste a lot of time on this. Time is not on your side
right now. If you don?t have something worked out within 1-2 weeks,
then it?s obvious that your lender is not serious about working things
out with you directly. When you get to that point you will be better
served by professional representation that can use the formal business
and legal protocols to your advantage. HoustonPreforeclosure delivers the critical
information and professional representation that you need to get the
best possible work out agreement with your lender.