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Foreclosure Prevention Job Descriptions

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    Types

    • Different types of jobs that involve foreclosure prevention include attorneys, mortgage brokers and real estate brokers.

    History

    • Lawyers, mortgage brokers and real estate brokers who specialize in foreclosure prevention are of fairly recent origin. With the rise in foreclosures in recent years, a growing number of these professionals are focusing on foreclosure prevention services.

    Approaches

    • Lawyers tend to use legal strategies while mortgage and real estate brokers focus on loan renegotiation techniques.

    Benefits

    • The benefits of the efforts of foreclosure prevention specialists can result in owners keeping their homes, and mortgage lender save time and money by avoiding litigation.

    Warning

    • Home owners facing possible foreclosure should be proactive. Obtaining foreclosure prevention assistance from an attorney, mortgage broker or real estate broker promptly is advisable.

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