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• Talk to your lender upon detecting the problem.
• Open your mail. Lenders are required to provide legal notification of foreclosure.
• Prepare a household budget and prioritize your spending.
• Attend a mortgage intervention seminar to understand your options.
• Avoid foreclosure-rescue schemes. You do not need to pay to get help preventing foreclosure.
• If you need to sell your house for less that you owe the bank, work with an experienced real-estate agent and be prepared to wait. These sales, known as short sales require proper documentation and often take at least three months to be approved.
• Check for free foreclosure counseling at www.homeownership.wa.gov.