Are You In Any Of These Situations?
If you are in any of the following circumstances, you should begin working on your situation with a foreclosure specialist:
- You are not yet behind on payments but judging from your finances you feel you may not be able to keep up with your current payment.
- You are behind on payments (before your lender officially begins the default process).
- Your lender has initiated the default process and you several months away from the foreclosure date.
Here Are Your Real Solutions
The two most prominent ways in which a countless number of homeowners are working with their lenders is through a process known as a short sale or loan modification. A short sale is when a lender willingly agrees to receive less than the total loan balance during a home sale (this makes selling a home completely possible). A loan modification is when a lender will renegotiate the terms of your loan in order to provide the homeowner relief on their monthly payment.
100% Free Consultation
If you are interested in gaining details on your situation to see just how a short sale or loan modification would work for your property, please complete the form below to get started. A foreclosure specialist dealing with properties in your area will be in touch with an analysis.
480-652-2004