{"id":1393,"date":"2010-05-12T17:06:29","date_gmt":"2010-05-12T23:06:29","guid":{"rendered":"http:\/\/www.signupandmakemoney.com\/blog\/?p=1393"},"modified":"2010-05-12T17:07:42","modified_gmt":"2010-05-12T23:07:42","slug":"balancing-act-as-more-homeowners-face-foreclosure","status":"publish","type":"post","link":"https:\/\/www.signupandmakemoney.com\/blog\/2010\/05\/balancing-act-as-more-homeowners-face-foreclosure\/","title":{"rendered":"It\u2019s a Balancing Act as More Homeowners Face Foreclosure"},"content":{"rendered":"<p><a href=\"https:\/\/www.signupandmakemoney.com\/blog\/wp-content\/uploads\/2010\/05\/home-forclosure-collapse.jpg\"><img loading=\"lazy\" class=\"alignleft size-medium wp-image-1399\" title=\"Housing market collapse.\" src=\"https:\/\/www.signupandmakemoney.com\/blog\/wp-content\/uploads\/2010\/05\/home-forclosure-collapse-300x300.jpg\" alt=\"3d Illustration of the housing market recession.\" hspace=\"5\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.signupandmakemoney.com\/blog\/wp-content\/uploads\/2010\/05\/home-forclosure-collapse-300x300.jpg 300w, https:\/\/www.signupandmakemoney.com\/blog\/wp-content\/uploads\/2010\/05\/home-forclosure-collapse-150x150.jpg 150w, https:\/\/www.signupandmakemoney.com\/blog\/wp-content\/uploads\/2010\/05\/home-forclosure-collapse.jpg 376w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>The first months of 2010 proved  to be tough times for homeowners facing foreclosure as a record number  of houses were reclaimed by banks to payoff distressed real estate  loans, according to <a href=\"http:\/\/www.msnbc.msn.com\/id\/36547572\/ns\/business-mortgage_mess\/\" target=\"_blank\">this MSNBC article<\/a>.<\/p>\n<p>A <a href=\"http:\/\/www.realtytrac.com\/contentmanagement\/realtytraclibrary.aspx?channelid=8&amp;itemid=8926\" target=\"_blank\">new real estate report<\/a> by a service that tracks foreclosure notices states that this is the highest number recorded in at least five  year as one in every 138 U.S. housing units was subject to a  foreclosure filing during the quarter of the year.<\/p>\n<p>An official with the tracking service predicted that there would be 1  million bank repossessions this year if the tempo continues.<\/p>\n<p>This follows last year\u2019s pressure from the federal government to  modify loans in an effort to keep borrowers in their homes which, along  with other attempts by some states, seemed to slow the momentum.  However, the trend now appears to be reversed as federal programs have  only helped a small number of these homeowners so far.<\/p>\n<p>It\u2019s not good news for those facing job losses, rising mortgage  payments or an increasing lack of income. We can reach out to those in  need of a positive charge and encourage them to keep working toward the  goal of being financially self-sufficient and prosperous.<\/p>\n<p>In times of desperation and potential loss of one of life\u2019s most  basic needs \u2013 shelter, Pre-Paid Legal offers a membership and an opportunity that can make the difference between good and bad times for  homeowners and everyone else seeking to achieve balance in their lives.<\/p>\n<p>To learn more about <a href=\"http:\/\/www.prepaidlegal.com\/info\/michaeljurado\">Pre-Paid Legal<\/a> and to sign up today, just click the Pre-Paid Legal link above.<\/p>\n<p>\ufeff<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first months of 2010 proved to be tough times for homeowners facing foreclosure as a record number of houses were reclaimed by banks to payoff distressed real estate loans&#8230;<\/p>\n","protected":false},"author":891,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[138,909,49,1139,911,912,910],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/posts\/1393"}],"collection":[{"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/users\/891"}],"replies":[{"embeddable":true,"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/comments?post=1393"}],"version-history":[{"count":4,"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/posts\/1393\/revisions"}],"predecessor-version":[{"id":1401,"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/posts\/1393\/revisions\/1401"}],"wp:attachment":[{"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/media?parent=1393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/categories?post=1393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.signupandmakemoney.com\/blog\/wp-json\/wp\/v2\/tags?post=1393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}