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

This is always the best option to prevent financial problems like a foreclosure. Budgeting your expenses according to your income, and building savings should prevent any person from defaulting on his or her mortgage payments.

However, in less ideal situations, if a foreclosure can be reasonably projected in the future, the best option to prevent it is to 2. Refinance as soon as possible

Which one of these is the best way to prevent foreclosure? 1. Save at least 1% of your home's purchase price annually. 2. Refinance as soon as possible 3. Use a budget to live within your means and build savings 4. Never accept an adjustable-rate mortgage

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