KENNEWICK, Wash - More than 380 homes were foreclosed in 2006 in Benton and Franklin Counties, but it doesn't have to be that way if you know what to do.
It can happen to anyone, but the key is to tell someone instead of avoiding the problem, said Adams Realty Pre-Foreclosure Specialist, Jez Carter.
First, enlist a specialist to help you, then contact your lender to let them know you'll be late.
For example, Carter said he will meet with clients free of charge to discuss their options. Then, you can work out a plan, like delaying payments, then paying a lump sum later.
Or, you can devise a repayment plan with your lender. You can also modify your mortgage, or sell your home before it is foreclosed, Carter said.
If your home loans and other loans are past due, you want to work with a non-profit group like the National Foundation for Credit Counseling, Carter said.
A link to the National Foundation for Credit Counseling is attached to this site.
You can also call Jez Carter at Adams Realty at 509-737-3112.