Foreclosure Can Happen to Anyone - Free Information to Help Stop Foreclosure
Most people think foreclosure will never happen to them. In reality it can happen to anyone.
There are several reasons that may leave us facing foreclosure:
- Economic Recession
- Interest Rate Hike
- Loss of Job
- Personal Tragedy
- Health Problems
- Death of a Family Member
Listed above are only a few of the very possible reasons.
Don't Go Out Without a Fight...
It is critical to you, your family and your future that you act immediately. If you want to save your home and your credit, you must move quickly in order to avoid foreclosure. Even if your desire is not to save your home, it's important you take steps to protect yourself and your future.
Here are just some of the things that can happen if your home gets foreclosed on:
- You will lose your home as well as any equity (the value of your home less the outstanding mortgage balance)
- Your credit history will show you went through a foreclosure and make it very difficult to purchase another home in the future.
- Your mortgage company will probably take you to court for any monies you owe after proceeds of your foreclosure auction.
- The security of your family will be compromised as you are forced to move and your credit rating is negatively impacted.
What Are the Best Ways to Help Stop Foreclosure?:
- Loan Modification/Loan Restructuring(Most Popular Alternative) - Negotiating with your lender to regain good standing on your loan. If done properly the monthly payment may even be made lower.
- Reinstatement Plan - Bring your mortgage current by paying your lender all of your outstanding payments. This option is rarely possible
- Loan Refinance - Pay out your current loan in default by arranging new financing through a different lender
- Sell Your Home - Sell your home before the Foreclosure Sale Date at the required sale price. Due to time constraints this option is often not possible.
- Short Sale - In order to skirt a costly and lengthy foreclosure process some lenders may agree to take less than your outstanding balance.
- Deed-in-Lieu of Foreclosure - Arrange to simply give the home back to the lender free and clear.
- File for Bankruptcy - This is a last resort. This will only save your home for the time being.
- Foreclosure - You may elect to allow the home be entered into mortgage foreclosure. You will lose your home and all your equity to the lender. If you don't have enough equity you will probably be served with a deficiency judgement to pay the shortfall or amount left outstanding. This is the most damaging and least desirable option to you, for your credit and your ability to acquire a home in the future.
What Now... What's Your First Step in Stopping Your Foreclosure?
The single-most important factor in stopping your foreclosure is SPEED. Time is not on your side...
If you are in, or are close to being in the foreclosure process you need to move quickly.
If you are comfortable with loan restructuring, loan refinancing or how to quickly sell your house then get to work now.
Are you rolling the dice with your home and future? If you aren't comfortable quickly taking action to save your home you may want to consider HomeAssure and leave it to the experts.
Home Assure, is America's top Foreclosure Mitigation Company. The Company and it's Management Team have
helped 1000's of customers in avoiding foreclosures and keeping their homes.
Whether your objective is to stay in your home or simply get out of it without going through a foreclosure Home Assure's professionals know exactly what to do.
They will negotiate with your lender to stop your foreclosure, so you don't need to! Because they know and deal with all the lenders regularly, they know how to present your situation so you end up with the very best solution.
During your Free consultation a Home Assure professional will review your finances and determine your chances of avoiding foreclosure during your initial Free consultation, prior to making any payments.
If Home Assure is unable to negotiate an acceptable solution with your lender, to avoid foreclosure, or remove your delinquency, they will refund all payments made.
Don't go at this alone... The professionals at HomeAssure know how to help stop foreclosure. Your first consultation is totally Free and provide a Full money back guarantee if they are unable to offer you an acceptable solution to stop your foreclosure.
Time is the most critical factor. With every day that
goes by, your options become limited or more complicated.
Get a FREE Consultation today from Home Assure to help stop your foreclosure.
No comments:
Post a Comment