Has your rate recently adjusted? Have you fallen behind with your mortgage? Take Control and contact us for a free consultation. Financial distress can happen to anyone. We can help you with this situation. Don’t wait until it’s too late! We can keep a foreclosure off your record.
Depending on your circumstances, there are several options you can consider:
Short Sale
In order to avoid foreclosure, you can sell your house. We can negotiate with your bank and convince them to accept a short payoff.
Repayment Plan
If you now have sufficient income, this plan allows you to pay an increased amount on a monthly basis toward the delinquency and eventually catch up. This will allow you to keep your home and improve your credit.
Loan Modification
If your Lender permits, your loan may be modified in some cases to a reduced interest rate.
Deed in lieu of Foreclosure
You many be able to give the Lender your deed. This will keep a foreclosure off your record and they will most likely waive all deficency judgements.
