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AVOID FORECLOSURE NOW!

FORECLOSURE

              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.

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