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What It Really Means & How to Avoid It
9 Ways to Avoid Foreclosure:
REINSTATEMENT: Bring the loan current
FOREBEARANCE: Temporary repayment plan
REFINANCE: New loan with reduction in monthly payment
LOAN MODIFICATION: Modify original loan terms
SELL THE PROPERTY: Use equity to payoff or pay difference
RENT THE PROPERTY: Must make loan current
SHORT SALE: Negotiate with bank to accept sale under loan amount
DEED IN LIEU OF FORECLOSURE: “friendly foreclosure”
BANKRUPTCY: Will stall foreclosure but not prevent it
For more information, please contact me with any questions that you may have.
Articles in this category:
CDPE REALTOR Dramatically Improve Short Sale Statistics
Sun, Jun 20, 2010
CDPE’s Dramatically Improve Short Sales Statistics
In a recent survey it was shown that Certified Distressed Property Experts across the nation are providing extraordinary results that are giving homeowners hope with respect to the sale of the...
Stop Foreclosure Now
Sat, Apr 10, 2010
Gary Berkson is a Certified Distressed Property Expert! He has saved many real estate sellers in Central Florida from foreclosure. Call me and remember that all calls, inquiries are confidential.
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
The source of the listing data is as follows:
My Florida Regional MLS (updated 5/24/13)