Tuesday, January 18, 2011

Know Your Options by Fannie Mae Offers Help

This is a Sponsored post written by me on behalf of Fannie Mae. All opinions are 100% mine.

With the economy the way it is in today's world not many people are living the glamour filled life they wish.  As a result many people are losing their homes or headed toward foreclosure. Do you, or someone you know, struggle with issues regarding mortgage payments or foreclosure?  If this sounds like you or someone you know you will definitely want to check out KnowYourOptions.com.  It is a great site that gives people alternative ideas then a foreclosed home.  I really like the valuable tips it gives.  Check out the Beware of Scams tab to make sure no one is scamming you.

They offer you all types of advice.  Including to check out these two questions to see if you are being scammed.

·  Were you told you had to pay a fee to obtain counseling services?

·  Were you guaranteed a loan modification or asked to do any of the following:

KnowYourOptions.com offers many other types of advice as well.  If this is a problem you or someone else you know is facing you will greatly benefit when you check out check out the other options tab.  Some other ideas when getting rid of your homes are short sales and deed-in-lieu.  Both of which are clearly explained on Know Your Options by Fannie Mae.  The struggles facing many people in these economy are overwhelming and now you have a resource.   I would offer this advice would you to family members or friends encountering issues regarding mortgage payments or foreclosure: keep positive and hope for the best.  Use resources such as KnowYourOptions.com to make things a little easier.  Even if you are not affected you can check out the interact and learn option. You’ll play the part of a homeowner—in real-life, everyday situations—who is struggling to make their payments and avoid foreclosure. Make decisions about what you should do, and experience the positive outcomes or negative consequences of the choices you make.  It is a great way to get a real feel for what is happening and check out your options.  Visit Know Your Options by Fannie Mae for even more information.

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