Your Options
Your Options to Avoid Foreclosure
The current U.S. housing market and national financial crisis has caused untold stress and heartache for many American families. Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to Avon-area residents for foreclosure are many. Following are 10 possible solutions to avoid Foreclosure.
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- Reinstatement
- Forbearance or Repayment Plan
- Mortgage Modification
- Rent the Property
- Deed in Lieu of Foreclosure
- Bankruptcy
- Refinance
- Servicemembers Civil Relief Act (military personnel only)
- Sell the Property
- Short Sale




