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Get Foreclosure Help. Stop Foreclosure. Keep Your Home.
Get Foreclosure Help. Stop Foreclosure. Keep Your Home.
Get foreclosure help now. You have options! Find out which option is best for your case and use it to stop foreclosure.
Let's get right to it... You must have heard from your lander or the media about some of the options available to you... But did anyone tell you about:
The requirements to get qualified?
The consequences of every option?
The ability to change your mind after using any of the options?
The effect on your credit score and your ability to use credit?
How will you be able to rent if you can't stop foreclosure?
Your life after foreclosure in case you chose the wrong "foreclosure help" option?
Follow the links in this page to learn everything about the options you have. Stopping foreclosure even after you received a sale date is absolutely possible! Read all the foreclosure help information and talk to us about your special circumstances. We have been in foreclosure. We can tell you which of the foreclosure help options is the right one for you. No two families have the same exact case and you have to make sure that the option that you choose from the foreclosure help options is the one that has the highest potential to stop your foreclosure and keep your home.
Sell your home:If could do just that I guess you would not be on this page so in reality this is not an option. But if you are going to let your home go to foreclosure because you owe much more than it is worth and you are considering buying a different home, contact us.
Refinance: This is a tough one... Unless your home is worth at least 20% more than what you owe, this option will not work. Also your personal debt to income ratio can not exceed 36% and your monthly housing expenses should not be over 28% of you monthly gross income. If you feel that you can be qualified for a refinance, visit our refinance page
Forbearance: No matter how you look at it in a forbearance agreement you must pay back to your lender past due payments. Yes they will "help" you by allowing you to pay your debt in full or by structuring a payment plan. typically the amount owed is divided to several payments which are added on top of your monthly payments. Isn't it funny, You can't pay your regular payments and now by "helping you" you have to pay more. Well this option seldom works. Before you speak to your lender or sign up anything with them read the forbearance page.
Loan Modification: This solution has become very popular in the past year or so. In the past lenders seldom modified loans. Loan modification has four objectives: A. Lower your interest rate. B. Modify your adjustable interest rate to a fixed rate. C. Remove any and all past due payments. Those are ether erased completely or added to the back of your loan so you can get a fresh start. D. Lower the principle balance of your loan. E. Stop the foreclosure process and save your home. If you experience financial hardship, you probably can qualify for a loan modification.
Short sale: A short sale is done when the lender agrees to accept less that what you owe on your home. Before attempting a short sale your home should be listed with a real estate agent for a minimum of 60 days.
Deed in lieu: This is when you voluntarily surrender your home to your lender. A variation of deed in lieu is Cash for keys. This is when your lender literally pays you to move out.
Government Help: Is there any hope with "HOPE"? I called them for my home and all I got is..."You can do it yourself just call your lender and see what they have to offer you" See for yourself.
The question is... Who makes the decision about your loan? Who holds your note? Is it your mortgage company? Most likely your lender is a servicing company. The real investor could be a large insurance company, a trust or some big investment firm. Those note holders could very well be outside of the U.S. At times your original loan docs get lost between all the hands and that may be used to your advantage by an expert attorney to help stop foreclosure.
Get the advise and foreclosure help that you need. Contact us today.
