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With so many people facing the possibility of loosing their homes through a bank foreclosure it may be helpful to understand the options available. In the end, if you simply cannot afford to stay your best option is to enlist the help of a professional in order to accomplish a short sale and avoid foreclosure. From start to finish we can help. You may be able to refinance, although in todays market, that option is less likely to occur. If refinance is a possibility, we can help. A successful short sale closing require a systematic approach. That approach begins with the following:
POSSIBLE OPTIONS AVAILABLE TO STOP A FORECLOSURE
#1 - PAY YOUR PAST DUE AMOUNT IMMEDIATELY AND BEGIN MAKING YOUR REGULAR MONTHLY PAYMENT
#2 - MODIFY YOUR DELINQUENT MORTGAGE WITH THE BANK AND AGREE TO A REPAYMENT PLAN YOU CAN STICK TO
#3 TAKE OUT A HOME EQUITY LOAN TO PAY OFF
THE PAST DUE BALANCE
#4 - BORROW MONEY FROM FRIENDS, YOUR BOSS, YOUR RELATIVES, OR YOUR CHURCH TO MAKE UP THE PAST DUE BALANCE
#5 - REFINANCE YOUR MORTGAGE LOAN WITH ANOTHER BANK AT A LOWER INTEREST RATE AND WITH BETTER MORE AFFORDABLE
PAYMENTS
#6 - SELL YOUR HOUSE TO FREE UP SOME CASH TO MOVE ON WITH YOUR LIFE AND TO GET BACK ON YOUR FEET
#7 - FILE BANKRUPTCY TO PUT YOUR CREDITORS ON A REPAYMENT PLAN YOU CAN AFFORD
#8 - ALLOW US TO HELP TO COMPLETE A SHORT SALE TO HAVE MORTGAGE SATISFIED & RELEASED! We have more info about this on our Foreclosure Listings page on this web site.
Call me directly at 561-306-6736. If you're concerned about or involved in a possible foreclosure call me, it's free. Don't put your future and the next 5-7 years of your life on hold. If you're a Realtor, don't jeopardize your listing and your clients opportunity to accomplish a successful short sale. There is no up front cost to anyone. Call or email me with any questions.
George E. Sinacori
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