Still Feeling Financially Squeezed?
Feeling Financially Squeezed?
Entering a new year with the prospect of losing your home is a situation no one wants to be in. The reality is that millions of Americans across the country are struggling with unaffordable mortgage payments, and more than ever lenders are motivated to work with homeowners to come to a resolution. I can help inform you of your options and show you how to create a strategy that will loosen the hold that foreclosure has on your future.
Escape the Grip of Foreclosure
When you began struggling with your mortgage payments, you may have felt that you had no way out of the situation. You actually have many. We will guide you through the process of finding which option is best for you. By discovering and acting on your options, you’ll have the leverage to escape the grip of foreclosure.
Relieve the Pressure
When you owe more on your home than it is worth and are struggling to make payments, the pressure you feel can go through the roof! If you are in a situation where your expenses exceed your income, have a verifiable financial hardship and no other assets to pay off the balance of your mortgage, you may qualify for a loan modification or short sale.
We will help relieve the burden of an overwhelming mortgage by showing you ways to execute a dignified solution.
Calm your Fears
You may be anxious about whether your lender is motivated to work out a solution with you. The reality is that lenders lose much less in a short sale or loan modification than they do in foreclosure. The costs of foreclosure may cost your lender up to 50% of the loan amount while a short sale could only cost them from 15-30%.
Your Foreclosure Alternatives Include:
• Short Sale• Reinstatement
• Forbearance or Repayment
• Mortgage Modification
• Rent the Property
• Deed-in-Lieu
• Bankruptcy
• Refinance
• Servicemembers Civil Relief Act
• Sell the Property
Categories: Certified Distressesd Property Experts in Virginia, Foreclosures, Bankruptcy, Certified Distressed Property Experts in Virginia, Housing and the Economy, Housing Market, Virginia Short Sales, Virginia Pre-Foreclosure
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