How can I keep my home from going into foreclosure?

I am negotiationing with the trust deed holder. They will not allow me to add the arrearages to the back of the loan? What are some other options? I know I owe than what the home is worth but I would like to keep the home!

Your name is Repo seeker and your home is going into foreclosure? You gotta see the irony in that or this question is bogus.

pay your mortgage you deadbeat.

see a lawyer about chapter 13 bankrupcy, if you have a job and means to make payments.

Well, in most cases your SOL buddy.. If you are in foreclosure or have received an NOD (Notice of Default) there really isn't much you can do.

1) There are some mortgage lenders that will bail you out of foreclosure, but you will need no more then a 55% - 60% LTV (loan to value) and that includes any arrearages, and any additional fees.

2) Only other option is to try and sell your home to recapture any equity you have built before the bank takes it.

If you have little to no equity in your house, I hate to say it. But stop paying the bank (if they're still accepting payments) and start saving up your cash, because you won't be able to live off of credit for a while. I hate to be so harsh, but its the truth.

Good Luck.

you have several options, one find another lender that maybe will add the payments in the rear to the end of the loan.

or if you have family or friends that will lend the past payment

under the cuff [ not seen on any financial doctuments}

depending on what your credit status is you may find another

lender with low payments and a balloon payment. you will most likely have a higher interest rate but could save you from loosing your home..

Maybe borrow a second? If not, borrow from someone for at least the amount to bring up the payment recent. Sell your car, or any personal belongings to come up to a certain amount that you're late paying, Write a letter of intent, beg, 4 jobs, maybe..... I would do anything, anything at all, it's all just the late payment. (No negative amortization, please)

If you declare bankruptcy there are ways that you can keep your home, your car of primary mode of transportation and up to $5000 worth of supplies/tools you need for work.

You can go down and talk to the clerk at the court house and they should be able to help you with fees and advice. Also, keep in mind if you speak with an attorney your first consultation should be free. If you go with an attorney be sure to check them out and check around to see if they're giving you the best deal.

Good luck!

Go to HUD.gov and click on foreclosure help

Do a short sale with your lender and convince them to take less than what you owe. That way your credit won't be ruined by a foreclosure. Move on with your life. If you need help on trying a short sale with the bank, email me and we can send you the application packet for doing a short sale.

Get your family to give you some money to catch up...and then don't fall behind or out you go.