When you are concerned about losing your home to foreclosure, you will likely find yourself feeling stressed and desperate to find a way to stop foreclosure from happening. Keeping up with a mortgage in difficult times can be seemingly impossible. However, as a homeowner it is important that you stick to legitimate strategies of getting out of your situation.
If you are struggling financially and as a result have not been able to pay your mortgage, the first thing that you should do is speak to your bank. By doing this, you can let the bank know why you have not paid your mortgage, and you may even be able to request a reduction in repayments.