Don't Give In To Your Bank!

Under the current economic conditions that have faced many homeowners, it is not uncommon to find yourself upside down in your mortgage and/or facing financial hardship. If this is you and you are behind in your mortgage or facing foreclosure, now is the time to act.

You have two choices: Do nothing...OR DO SOMETHING!

Do nothing:
  • You get further behind on your payments
  • The bank issues an official Notice of Default that lets you know you need to catch up on your mortgage or face foreclosure.
  • The bank then posts an auction date for your property (and tapes it to your front door).
  • Your home is foreclosed. You are forced to vacate the premises of the home you no longer own.
  • You will not qualify for another home loan for at least seven years.
Do something:
  • Recognize your situation for what it is. There is no shame in facing financial hardship. You are not the only one, and you need to understand that usually these hardships are not permanent, and that things can turn around if you take the right steps.
  • Make the determination as to whether you can catch up on your loan payments before your home goes to auction. If you can't, then consider the options you have available to avoid foreclosure.
  • See your home as an investment. Know that any investment that has lost money with no quick way of regaining what has been lost is an investment you should consider getting out from under.
  • Know that if you are facing financial hardship and are upside down on your mortgage, you can short sell your home to avoid foreclosure.
  • In an approved short sale, YOU PAY NO FEES normally associated with the sale of a home including: Realtor commissions, escrow and title fees, and much more.
  • You can proactively prepare and move on with your life.
  • You can qualify for a home loan in as little as 24 months (Based on lender approval).
Which scenario sounds better to you?

As an experienced pre-foreclosure specialist, I can help you avoid foreclosure and help you get on with your life. Contact me for a discreet, no obligation pre-foreclosure consultation today.