How to Prevent Foreclosure on Your Home
Vol. 2022 No. 6, Department of Family, Youth and Community Sciences
Vol. 2022 No. 6

How to Prevent Foreclosure on Your Home: FCS3227/HE724, rev. 12/2022

Department of Family, Youth and Community Sciences
https://doi.org/10.32473/edis-he724-2022
Published 2023-01-23
Judy Corbus
University of Florida
https://orcid.org/0000-0001-7053-8904
Johanna Gomez-Gonzalez
University of Florida
Michael Gutter
University of Florida
Virginia Peart
University of Florida
A row of newly constructed HUD/low-income houses in Gainesville.
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Keywords

foreclosure prevention
homeownership

Categories

How to Cite

Corbus, Judy, Johanna Gomez-Gonzalez, Michael Gutter, and Virginia Peart. 2023. “How to Prevent Foreclosure on Your Home: FCS3227 HE724, Rev. 12 2022”. EDIS 2022 (6). Gainesville, FL. https://doi.org/10.32473/edis-he724-2022.
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Abstract

Foreclosure is the legal process a lender uses to acquire a borrower’s property after the borrower has failed to meet the mortgage contract obligations. The lender seizes the property and sells it to pay off your mortgage. Foreclosure can ruin your credit rating for years. This publication discusses steps to take to prevent foreclosure on your home. Written by Judy Corbus, Johanna Gomez-Gonzalez, Michael Gutter, and Virginia Peart, and published by the UF/IFAS Department of Family, Youth and Community Sciences, revised December 2022.

https://doi.org/10.32473/edis-he724-2022
view on EDIS
PDF-2022

References

Federal Housing Administration. (2012). SAVE YOUR HOME: Tips to Avoid Foreclosure. Retrieved from https://www.hud.gov/sites/documents/FHA_SAVEYOURHOME.PDF

U.S. Department of Housing and Urban Development. (n.d.). Avoiding Foreclosure. Retrieved from https://www.hud.gov/topics/avoiding_foreclosure

Copyright (c) 2023 UF/IFAS

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