The reason why most folks get in trouble with house repossession is they bury their heads in the sand. They avoid facing their issues.

Whether the difficulty is sickness, loss of a job, or any other situation, you want to take control.

You know when you have missed mortgage payments. You now have a need to be truthful with yourself. Ask the question – is this a short term problem or a long term problem?

If it's a short term problem, like you were made redundant and you currently have a new job, then fix it!

short sale shift

Hello everybody my name is Josh Pomerleau with Short Sale Shift, Minnesota’s premiere short sale staff, thank you for checking out my blog today. I work with Keller Williams Realty in the Minneapolis area and blog every day to offer useful data to owners who are getting educated on their choices for avoiding foreclosure. If my weblog is useful right now please take a minute to stop by my website where you will see that over five hundred free videos or give me a call to discuss your options.

Yes there is. You may contact the lender that is doing the foreclosure, tell them you have a vested interest in the property, and you need to know the amount that is owed to them to stop their foreclosure.
They might want proof so you might want to get a copy of your lien from a title company. Faxit to them as soon as possible.
Once you have this information, contact a foreclosure service in your locality, give them the information and they will foreclose on your behalf.
Some charge an up front fee and some don’t, so if you are short of funds you might shop around until you find one that take their fees out on the back end of the foreclosure. They will take over the foreclosure from the previous lender.
It does not matter unless you don’t have the funds because who ever pay for it will get it back if the owner bring the foreclosure current or the house is sold at the bid or sale.
If the house do not sale then you will have to come up with the monthly payment to the mortgage company as well as the foreclosure services fee, but the house is now yours.
I hope this has been of some use to you, good luck.
“FIGHT ON:

contact www.naca.com
they are a non-profit housing advocacy group and they might agree to refinance your home and stop the forclosure. they make their own loans and also work with some lenders. Good luck!

Simply put, pay the mortgage. Short of that you need to contact the lender and try to work something out. You can try a short-sale or a deed-in-lieu of foreclosure. Both would stop the process but neither lets you keep the house.
Declaring bankruptcy will also postpone things a couple months but would you want a bankruptcy and foreclosure on your credit report?
Good Luck!

refinancing mortgage
I had good luck here:http://all-mortgage-calculators.blogspot…

The last thing the mortgage company wants to do is foreclose on your property. However, you must make an effort to pay what you owe. If your condition is temporary, be honest with your mortgage company and they will try to work out a solution with you. If you try to con them or are just trying to buy time, they will proceed with the foreclosure. In the end it pays to be honest with them, and above all, stay in contact with them.
Good luck with your situation.