Ask Question
12 August, 19:24

Which one of these is the best way to prevent foreclosure? Save at least 1% of your home's purchase price annually Refinance as soon as possible Use a budget to live within your means and build savings Never accept an adjustable-rate mortgage

+5
Answers (1)
  1. 12 August, 19:43
    0
    Use a budget to live within your means and build saving

    Explanation:

    Taking loans in engaging in capital projects are not to be discouraged, but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

    Through living within your means and with a healthy and well planned saving budget, all borrowed money will be definitely paid back to the lender.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which one of these is the best way to prevent foreclosure? Save at least 1% of your home's purchase price annually Refinance as soon as ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers