Facing the very real possibility of losing your home to foreclosure is a scary and daunting proposition. As much as we all hope to never find ourselves in this position, the reality is that it happens every day to people of all backgrounds, income levels and age ranges. Life simply has a way of delivering the unexpected! We find that a common trait with people facing foreclosure is a lack of knowledge on how best to respond to the information being delivered. After all, most (if not all) of us are not formally educated in grade school on how to buy a home, let alone the complexity of juggling too much debt, or a sudden loss of income. Most people have a difficult time understanding what steps need to be taken, and in what order, in order to resolve a foreclosure as favorably as possible.
By not taking the right actions at the right time, you can ultimately lose your home to foreclosure and impact your ability to borrow for years to come. In foreclosure, each case is unique and many variables play a role in determining what options are available. The ultimate goal is to save your home from foreclosure with the least amount of financial carnage. Questions that need to be answered include: When is the mortgage term due? What resources do you have that are available immediately for use? What is your current income? Do you foresee income stability? Do you have in insured mortgage? How much equity has built up in your home value? Unfortunately, there is not one straight, out-of-the-box solution that fits every situation. Finding the right solution for you is the foundation of our company.
Contact us today and one of our specialists will be happy to discuss your specific situation. Our office has years of experience in foreclosure resolution, we have reviewed and solved hundreds of foreclosures. We have trusted professional contacts (ie. realtors, lawyers, mortgage brokers, etc.) that we align closely with and a number of proven strategies available to help you make the right choices in order to stop a foreclosure. Our goal is to work to help you stay in your home, keep your payments reasonable and get you back on track financially.
