Question

Which additional information does the housing counselor need to help the client determine her retention options?

A- Notice of foreclosure
B- Mortgage type
C- Total debt balance
D- Emergency budget

Answer 1

The housing counselor would need additional information such as notice of foreclosure, mortgage type, total debt balance, and emergency budget to help the client determine her retention options.

Step-by-step explanation:

In order to help the client determine her retention options, the housing counselor would need additional information such as:

1. Notice of foreclosure: This document will provide details about the client's current situation and the impending foreclosure process.
2. Mortgage type: Knowing the type of mortgage can help the counselor explore specific options available for the client.
3. Total debt balance: Understanding the amount of debt the client has accumulated will be crucial in assessing potential solutions.
4. Emergency budget: An emergency budget will provide insights into the client's current financial capabilities and help in determining the feasibility of different retention options.

By having access to these additional details, the housing counselor can provide more informed guidance on the best course of action for the client.