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“I want to get out of foreclosure and keep my home.” Great. The next issue is, “Can I afford to keep my home?” Mind you, the question is not, “Do I think I can afford my home?” The best way to determine the answer is to gather up all of your monthly expenses and calculate what you’re spending each month. If you would like, you can enter these expenses into our financial calculator. This is not the Price is Right, so we’re not asking you to guess what you’re spending. You need to actually get out your checkbook, your bank statements, your old statements and enter the ACTUAL numbers. We have found that homeowners are typically off by 25-56% off on their monthly expense figures when we compare their guesses to their actual bills. Once you’ve tallied up your figures, what do you find? Are you making more than you’re spending, or does your outgo exceed your income? Please click on one of the above links or |