The threat of facing a foreclosure is a not a trivial thing. It can lead to anxiety or depression. The thought of losing your precious home can be frustrating and embarrassing especially if it’s your biggest investment.

A foreclosed home attracts more buyers who want to invest in cheaper, but good properties, and grab a superior investment opportunity. Seeing your home in public auctions is the worst thing that can happen to any homeowner.

Overcoming a foreclosure is difficult and the truth is you are actually caught in a situation faced by many homeowners. In fact, foreclosure rates have significantly increased during the past few years. Homeowners are beoming overwhelmed with the process and worried about their situation that they find it really tough to pull themselves out of all the financial anxieties.

Fortunately, there are a few companies offering stop foreclosure assistance—things you need to learn to save your home. But make sure you opt for legitimate services so you won’t get hooked on scams. Doing thorough research online can help you find legitimate services. Aside from getting information and solutions from a reputable organization, you can also consider some efficient tips or tricks on how to stop foreclosure and secure your home.

One of these tips is to learn about the things you should NOT do if you want to prevent the foreclosure procedure.

In reality, lenders are more willing to give you a list of options that can help you save your property as opposed to you having to sell your home in a public sale or spending thousands on a complicated foreclosure process. They are even more interested to know what caused your failure to pay your credit and if you can still remedy the situation.

So, don’t ignore their calls because they won’t just go away by you not doing anything. Don’t file a bankruptcy right away if you haven’t yet talked with your lawyer or tried other options. Don’t be in too much of a hurry to settle everything with loan modification if you can’t assure you can afford the interest rate. While getting modified loans is another way to protect your home, you should be aware that some companies want to benefit from this option so they occasionally adjust the interest rates.

Don’t spend on things you don’t really need. Instead, make plans to boost your income. These days there are lot of easy tips that can help you earn money even if you’re at home.

To summarize, talk to your lender, DON’T ignore the past due payments. You may be surprised how willing they are to work with you.