The Emotional Roller Coaster of Facing Foreclosure and Keeping Your Cool While Navigating the Loan

One in every 7 homeowners is facingvery strong and we rarely realize its full potential.
foreclosures the numbers of people in crisis are atPositive thoughts create energy while negative
epic proportions in 2009 and growing,thoughts destroy energy. Read inspirational stories.
unfortunately most of the reports only deal withOnly listen to positive news and refuse to allow
the implications on the lenders and the help isthe negative news into your thinking, listen instead
slowly trickling in. The lenders were not preparedto the positive. Utilize affirmations. Make a list of
to deal with the kind of numbers of loaneverything that you are thankful for and read it
modification requests coming in and have had toregularly. We all have a choice of how we focus
ramp up and train staff just to try to catch up. Aour energy focus it on what you do want not on
handful are doing a good job and the otherswhat you do not want to occur. Energy flows
unfortunately are still navigating through the crisiswhere attention goes.
at a snails pace and cannot keep up with the3. Live in the NOW.
sometimes weekly changes in systems andWhile we need to learn from the past and plan
guidelines. For the employees at the lender it is afor the future. It is a waste of time and energy
different kind of stress and issues of workloadto have anxiety over things we ultimately no
that sometimes gives you a less than pleasantlonger have control over. We can use the past as
person to deal with on the other end of the line.a learning tool to avoid repeating the same
You must put this all into perspective for you tomistakes, but there is absolutely no value in
avoid frustration and add to your own stress withsecond guessing our past decisions or blaming
giving other peoples attitudes too muchourselves. Do not dwell on the past. In addition,
importance. It is important to get prepared andneither is spending too much time worrying about
dig deep inside to find patience if one is tothe future. You can be more productive with your
venture into trying to save your home and do ittime in the present as it is the only thing we can
yourself as recommended by the government,control. Take it one day at a time facing each
and the lenders. The collapsing housing marketnew situation as it comes and applying the lessons
offers tremendous stress and uncertainty foryou have learned to today's situations. It is
many and many psychologists warn foreclosuresimportant for you to set your goals and work
take a deep emotional toll on people and familiesdaily and without getting frustrated in that
as well. If you are going through this you willdirection to get them accomplished. If you have
know what they are talking about.the confidence that you are doing the best you
Your home carries a sentimental attachment thatcan and moving forward you can have a positive
brings a complex sense of loss and emotionalattitude towards everything you do, it will and
roller coaster for many people when faced withdoes make a difference in every situation.
the thought of foreclosure. People don't just live in4. Strengthen your family.
a house they consider it a home filled withLet your kids and family know that you are doing
memories, friends, community and familiarity.everything in your power to remain in your home
When faced with losing your home all of theseand at the same time assure them that any
feelings and emotions get triggered and surface,decisions you need to make will be the right ones
and you may say or do things you will laterfor your family even if it includes moving. It is
regret. Thats why it is important to preparebetter that you speak with your family without
yourself mentally to be able to navigate thecausing fear. At the same time when they see
foreclosure and loan modification process withoutyou giving it your all and not giving up it will teach
losing your cool.everyone a valuable lesson of determination and
Foreclosure strikes a deep chord in our financialstrength regardless of the outcome.
security and can bring up many wounds and5. It is OK to ask for help.
issues of deep stress, isolation, rejection andIt is not a sign of weakness but an act of
abandonment for families. Losing a home andstrength to recognize you need help and for you
being forced to move means there has been ato seek and ask for help whether it be simply to
breach in financial security and that's very scary.talk to someone to get a new perspective and
It is important to deal with the emotional side ofrenew your strength or you need to work on
things when faced with the huge stress ofsome anxiety reducing exercise. Whether it is
working on saving your home so that you canfrom a financial counselor or a mental health
come out of this experience stronger and withadvisor, if you think you are in over your head,
your health in tact.seek out assistance. We all need a little help
1. You Must Acknowledge your feelings and keepsometimes.
your stress level under control.6. Consider Activities that promote inner peace
Make sure you don't suppress your emotions, sosuch as meditation and yoga.
that a negative pileup or blowup does not occurDaily life may often cause lots of turmoil in your
or affect your health. Talk to a good friend ormind and emotions. Stress with your job, your
use another form of creative outlet such asfamily and political or economical situation of your
journaling or drawing to express your feelings.surroundings of your life may cause lots of
2. Avoid connecting negative thoughts to youranxiety, fears, emotions and thoughts, acting like
feelings.a storm inside you.
Focus on positive productive thinking instead of- empty your mind to become ready for pure
regrets. Don't think "I am a bad person for lettingconsciousness
this happen," instead its best to think, "this is a- empty your emotions to become aware of
bad experience, but I am going to focus and beyour surroundings emotions
determined to work hard to remedy the- relief all your stress and emotional and / or
situation."mental pressure
We need to have a good vision and plan of your- create peace of mind and harmony within
desired outcome so that you can navigate theyourself
obstacles and frustrations that come with working- replace your emotional or mental turmoil by
on a loan modification so you can be successful.something positively and actively sacred and
Henry Ford said "Obstacles are those frightfulDivine
things you see when you take your eyes offIn the end, remember that the most important
your goal". The art of achieving small daily goalsthings in life are your health, happiness and family
begins with setting them and coming up with aand none of these are worth compromising. The
plan and this is essential to building yourworst thing you can do is nothing. Only
confidence and having a positive outlook towardsdetermination, faith, hard work and mental
your future.strength will help you be successful.
You must expose yourself to positive thoughtsKnowledge is power. Empower yourself today.
many times throughout every day. The mind is