Avoid Foreclosure Now

 

9 Ways to Avoid Foreclosure
Reinstatement: This means that you will bring the loan current. Forbearance: This mean you are requesting a temporary repayment plan Refinance: This is a new loan with reduction in monthly payments Loan Modification: You are requesting a modification of the original loan terms. Sell The Property: You are using your equity in the home to payoff or pay difference Rent the Property However, you must make the loan current Short Sale: You contact a licensed realtor to negotiate with the lender to accept sale under loan amount. Deed in Lieu of Foreclosure: This is known as a friendly foreclosure Bankruptcy This will stall foreclosure process but NOT PREVENT IT. DON’T LET TIME RUN OUT! CONTACT ME TODAY AT yrussell@remax.net or visit www.russell-realtor/distressedproperty