This is a Sponsored post written by me on behalf of Fannie Mae. All opinions are 100% mine.
By now you are well aware of the real estate crisis brought on by a number of factors that include lack of necessary knowledge or poor money management by home buyers; buyers being convinced by real estate agents that they could afford a larger mortgage than they, in reality, could (we experienced this years ago ourselves…but didn’t fall for it); and improper management of money by financial institution. It is a multi-faceted problem that has lead to a dramatic decline in home sales, home building, and many foreclosures as the economic situation in our Nation becomes more challenging overall.
There are empty homes all over the place because people have abandoned their homes…for some this may be a viable option, but one that could be handled in a way that is more advantageous than just walking away. Some of those options are shared at KnowYourOptions.com if you visit the “Options to Leave Your Home” tab, including possible assistance with your move and debt repair help. I wish I had known about this before 2 neighbors abandoned their homes. You will also want to visit the “Beware of Scams” tab, as it will help you avoid scam artists offering immediate relief to your problem while stealing your money.
There are down-loadable forms to help you know the right questions to ask, keep track of contacts, put together a financial checklist, and more. Visit the very helpful “Resources” tab.
If you are facing foreclosure, or concerned in any way about keeping the home that you live in, KnowYourOptions.com is a must for you.

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