CHAPTER 17
Financial Tips for the Future Besides improving your credit, you’ll want to make the best practices in managing your personal finances part of your daily life. If you’re in pre-foreclosure, perhaps you’re busily trying to come up with all the cash you can get your hands on to get your mortgage payments or other financial obligations caught up. Foreclosure rarely occurs in a vacuum. If you’ve recently experienced a foreclosure —or near-foreclosure — the chances
are good that you’re dealing with other financial pressures. Perhaps you’ve lost your home and are facing a downsized living situation. Perhaps you’re well on your way to a healthy financial and emotional recovery from tough times, and
you’re starting to dream about a new home in your future. Whatever your situation, there are some sound tips and principles you can put to work for your benefit. They’ll help bring you piece of mind, save for a down payment, or simply give you some financial “breathing room” to relieve everyday pressures. FINDING ADDITIONAL FUNDS A good place to start is to be certain you’ve liquidated everything possible. This will put extra cash in your pocket when you need it and declutter your home, which will come in handy if
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