Foreclosure Bailout
Loans
"Don't Let Anyone Tell
You That You Can't Avoid Foreclosure!"
We Will Show You
How To Stop Foreclosure Proceedings Whether You Qualify For A
Mortgage Or Not!
It is a humbling experience having to face the
prospects of foreclosure. No one ever sees it as ever
being a possibility but for more and more people the
possibility is very real!
A lot of people we talk to are bouncing back from a job loss
that they were not financially prepared for. After missing a
number of payments on their mortgage, their lender no longer
wants to work with them.
Other times, there may have been a death in the family and a
major portion of the household income in gone. We have also
helped clients that had just gone through a divorce. After
being awarded the home, the realization that she couldn't
afford the family home on just her income hit hard.
There are many reasons why a potential foreclosure can come
about. Sometimes the immediacey of dealing with bill collectors
and the daunting possibility of losing your home can cause you
to freeze up, forgetting that there are many options available
even if it's just to save your credit!
There are 4 main options if you want to avoid
foreclosure:
- Work out an arrangement with the
lender - There are several ways to do this but
most of them are not beneficial to you as the most likely
will want to spread the arrears over a 6-12 month period
making your payment sky rocket!
- Refinance your mortgage - This is a
good option that we can help you with but we take a good
look at the numbers with you. Sometimes a refinance can't
be done or just doesnt make financial sense.
- Sell your home - Although it seems
like an easy option, in most cases there just isn't enough
time or equity. Unless you know what the options are here,
you will be disappointed by the result.
- Give the house to the lender - This is
called a "Deed In Lieu Of Foreclosure." For all intensive
purposes, this is just as bad as a foreclosure.
I have personally faced that demon so I know what you are going
through. That's why we have put together foreclosure mortgage
loan program that could save your home and credit.
Now, I want to be perfectly honest with you, we cannot help
everyone with a new loan but if we can't provide new financing
we can tell you how to quickly rectify the situation through
other means.
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