There are several ways to Stop the Foreclosure process.
You can Negotiate with the lender to restructure your loan.
But do you really think the lender is going to just lower your payments and wipe out your late payments? If you can't afford the payments, how are going to make future payments?
If this is the option you would like to explore, contact me a call and I can refer a friendly attorney to negotiate for you.
Refinance to prevent foreclosure
You can try to refinance your house. Generally if you are behind on payments and facing foreclosure in broward county, your credit has already been affected. This makes it difficult to refinance. You might qualify for a foreclosure bail out loan. These loans are generally provide a higher interest rate, but are great for a short term fix and stop the broward county foreclosure process.
Sell your house before foreclosure
Contact me for more information on how to sell before foreclosure
The other step is to sell your house. You are probably saying the same many homeowners are saying, "how can I sell my house in this declining real estate market?". There are step to sell your house before foreclosure in Broward County. Many homeowners in foreclosure in Broward county owe more for their house than their house is worth, or could sell for in the current real estate market. If you still have equity left, you can sell to a real estate investor who will buy for a discounted price, generally 65% of it's market value.
Also see: Short Sale for more information on prevent foreclosure in Broward County.
How to recover from Foreclosure? I have plenty of resources available to clean up your credit, just look on the left of this site. The sooner you start the better!