Avoid Foreclosure Now
9 Ways to Avoid Foreclosure |
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Reinstatement:This means that you will bring the loan current.Forbearance:This mean you are requesting a temporary repayment planRefinance:This is a new loan with reduction in monthly paymentsLoan 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 differenceRent the PropertyHowever, you must make the loan currentShort 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 foreclosureBankruptcyThis 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 |
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