Are you behind on your payments?
Here are some of your options:
- Save
your home – Loan modification or forbearance agreement.
This will vary according to the type of mortgage you have.
Banks are willing to help you by reducing your payments and/or
adding the outstanding payments to the end of your mortgage.
Want to stay in your home?
We have resources who can tell you if you qualify for loan
modification.
Contact
Us.
- Sell
your home if you have equity – Want to try and save some of your
equity? We can help save your equity by quickly and properly
marketing your home so you can avoid a distress sale.
A distress sale occurs when you have no time to sell your house
and have to list it at a low price to get a buyer quickly.
While you still have time, contact
us.
- Sell
your home if you have no equity – Think you can’t sell your
house because you owe too much and can’t pay a commission?
We can negotiate a short sale with your lender. Banks
will pay your commission if you allow us to do the negotiating for
you. That is how important it is to THEM to deal with a licensed
individual who can legitimately market your property and get a price
based on market values.
Find
out more.
- Foreclosure
- This is a financial DISASTER to be avoided at all costs.
Think you can just walk away from your house?
You can’t, and there are some severe consequences.
If you want to know what they are, contact
us.
Foreclosure Timeline
The time line for a foreclosure dictates the options you have. The
longer you wait to deal with the problem the less options you have.
30-90 Days late
Many more options - including saving your home - than folks know about,
and many are not very painful.
90 Days +
The absolute best options and opportunities to save your home lessen and
are much more restrictive. This also diminishes some of the sales
opportunities.
Attorneys letters - Lis
pendens
Several easy solutions are no longer available.
Sheriff notice
We
can still salvage your credit and possibly your equity, but every day you
allow to go by reduces your options.
Sheriff sale and foreclosure!!
A
foreclosure will be on your credit report for at least 7 YEARS. But,
worse than that, PUBLIC RECORDS will show this legal action for the
statutory period of a judgment in New Jersey!
The bank will file a deficiency judgment that must be satisfied
before you can buy another house.
This does NOT happen with the other options we can employ for you.
With foreclosure, your credit is devastated. The reduction in your credit
score is more then 2 or 3 times what it is for some other options.
That means higher interest rates AND higher purchase prices for
almost anything you want to buy.
Short
Sale Instead of Sheriff Sale
We can
assist you with bringing your credit back to a level for you to again own
your own home much sooner than you think.
The government is responding to the housing crisis by offering
legitimate mortgage options so people don’t have to resort to subprime
mortgages and predatory lenders anymore.
Why
use our staff?
We
do this every day. We are ACTIVELY dealing with dozens of short sales
right now and keeping abreast of the almost daily changes in bank policy
regarding short sales.
We have a real estate attorney on our staff who counsels homeowners
who work with us and negotiates our short sales, all at NO COST to the
homeowner!
Banks and other lender representatives make it clear that they ONLY
want to negotiate with INFORMED REALTORS. We’ve successfully negotiated
short sales where investors came in before us, but the bank refused to
deal with them. In
fact, it is so IMPORTANT to banks that they deal with licensed, legitimate
individuals that they are WILLING TO PAY THE SALES COMMISSION!!
If you would like more information
call 856-428-2800 or
click here. |