![Foreclosure Sign](https://openmortgage.com/wp-content/uploads/2020/08/Foreclosure_082020.jpg)
Three Ways to Avoid a Foreclosure
![](https://play.vidyard.com/PH3Ki6RHV4jhQ1KzRM4iR5.jpg)
Foreclosures are one of the worst experiences a homeowner can have. In this video, our CEO and founder, Scott Gordon, discusses ways to be a responsible homeowner and increase your chances of avoiding foreclosure. Some of the topics he covers:
- Forbearance as a helpful tool during temporary financial hardship
- Contacting your lender immediately if you might not be able to make a payment
- Reviewing and altering the budget you set when buying your home
- Studying your mortgage documents thoroughly