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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... Read More

Selling Your Altamonte Springs Home | Competing With Altamonte Springs Shortsales | Foreclosures and Bank Owned Homes Thu, Jun 10, 2010 According to my home search there are currently 526 single family homes, townhomes and condos on the market as of today.  It's shocking to see that there are 374  shortsales | foreclosures and REO properties on the market.  That  ... Read More

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.  Read More

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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: | Stellar MLS (updated 7/14/20 1:32 AM)
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