The value of attending a class on foreclosure mediation cannot be over stressed. With housing prices continuing their downward spiral in many areas, particularly in the West, as the homeowner you need as much information as you can possibly gather.

Here in the Las Vegas area, the Legal Aid Center of Southern Nevada in conjunction with UNLV’s William S. Boyd School of Law, regularly hold classes to help homeowners facing lender foreclosures. Their class is a few hours long and worth every minute. You will walk away armed with the information you need should you choose to go the route of Mediation with your lender.

We have firsthand experience with this – due to a long span of unemployment for my husband. Our dilemma is similar to many who, through no fault of their own, purchased homes they could afford before the economy took its nose dive affecting so many. However, having exited Round 1, we came out winners. Being prepared – having every single piece of paperwork ready and with you – is your key to a successful mediation.

For us, the lender side was unprepared. This is a sharp stick in the eye for them, and a winner of a conclusion for us. It’s not over, but we have high hopes that when all is said and done, we will have something we can live with – an affordable payment to make each month.

Whether you decide to keep your underwater home or not, choosing Mediation is your best choice for both individuals and families. There are numerous other factors to consider that go beyond the stay or go decision. Six states are labeled recourse states. Be sure to know what sort of laws govern your state, and take these factors into consideration.

Your life strategy lesson for the day… do not sit back and let things happen to you. Be proactive. Be prepared. Be knowledgeable. Take the bull by the horns. After all, those you “go up against” are mere humans working in a highly flawed system. These are two points in your favor if you are prepared!

As you can see the tagline of this blog was changed some time ago. The reason was simple. While I do pass along internet marketing strategies, I also like to keep those dropping by informed on all sorts of topics – everyday life issues, health, family, parenting, politics, lifestyles and more.

With that said, here’s strategic advice for the unemployed that I highly recommend everyone in the United States read.

First unemployment extensions (both at the State and Federal levels) are iffy at best. However, you can (and do) still have a voice in the matter should you wish to express it. It is important that you read the above posted on the WorldNewsVine website. I will warn you ahead of time it is very confusing – not the post – but the subject matter itself and the strategy or strategies the various levels of government appear to be using to keep everyone guessing.

Unemployment is not a thing to shake off lightly. While many do still have their jobs, the question is for how long? Your life revolves around a steady income, and even though you may feel “safe” in your job, frankly you never, ever know if today is the day “the axe will fall.”

For the currently unemployed, understanding your entitlements is becoming more and more confusing. Whether this is a deliberate political move or not, I do not know. But you must ask yourself the question… do you know exactly when your financial assistance runs out? If you are guessing or perhaps relying on your State unemployment agency representative to know the answers, I really would not count on that. Most do not have a clue.

The rules appear to change almost from day to day. Make it a point – even if you are employed – to see what’s going on.

Yes, there is “liberalism” with this post, but knowing the writer personally I can tell you that:

1.   Checking with your own State is imperative – and make sure they are current on the “rules and laws”

2.   The writer of the above post DOES stay current on what’s what especially in regard to unemployment benefits.

Again, it’s confusing and (perhaps) alarming once you figure it all out. Yet it applies to all Americans – employed or not. Because you just never know…