What to do when you can’t pay your mortgage

Let’s admit it. Homeownership is as painstakingly hard as the cost of living in Australia. Foreclosures are hitting record highs for the past couple of years, and the housing tale continues to unravel as economic stagnation and high unemployment tends to leave homeowners broke – causing them not to be able to pay their mortgage.


If you’re one of those who struggles to make your mortgage payments, here are some options to help you keep your beloved home, or at least limit any financial issue of giving it up.

Consult your lender. A lot of homeowners lose their homes to foreclosure out of pride and denial. Take note that ignoring foreclosure notice won’t make the problem go away, but it’ll just make your options slimmer. As soon as you begin having trouble with paying the mortgage, contact your lender immediately to see if you can work things out.

Perhaps you’re …

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“Can I see all of them?” or how to choose a bank for mortgage lending

Talking about a mortgage segment of the market, Dmitry Leus says a client should not grab the first available offer chasing the dream to move into new housing. Banks may be different, as well as the conditions offered by them. It is very important to understand all ins and outs of mortgage lending, if you do decide to take such a service. You can find more detailed recommendations from Dmitry on this subject by clicking the following link: https://www.scribd.com/document/293832884/Dmitry-Leus

Where to start?

As Dmitry suggests, personally having previous experience in the mortgage segment of the banking business, when choosing a bank it is worth paying attention to things that seem minor at first glance, but they are actually very important.

The best option is to pay attention to a stable bank with unchallenged reputation, for which mortgage lending is a priority.

Also, it is worth inquiring about the currency of …

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How Much Graduates Earn Drives Extra College Rankings

Sock your cash into the typical financial savings account at this time and you’ll earn a paltry one-tenth of a share level on your balance, in response to Bankrate’s newest survey of banks and thrifts.

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EARN facilitates collaboration, peer learning, and the dissemination of analyses, research, and advocacy instruments through an annual convention (link to conference page) for network members and allies, regular webinars and conference calls, in addition to a vibrant online community the place members pose questions, share resources, and engage in vigorous coverage discussions.

In …

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