Homeowners have many options after a lender has filed a foreclosure notice.   

Here are some options the homeowner should consider:

Don't ignore mail from your lender; stay in touch even after a foreclosure notice has been filed. Most lenders would rather work out options than add to the inventory of foreclosed homes.

Beware of foreclosure companies calling themselves "mortgage consultants" or "foreclosure services" promising to save your credit or pay the closing costs.

Be wary of deals that take over ownership of your home.  If you turn to a foreclosure rescue firm, be aware such companies do not need a state license to operate in Florida unless the business is selling or buying properties.

Never transfer your property deed or title to a rescue firm.   Never sign a contract under pressure and without legal advice. Do not pay your mortgage payments to someone other than your lender.


Contact the Department of Housing and Urban Development to request an approved housing counseling agency: 800-569-4287 or hud.gov.