9 WAYS TO AVOID FORECLOSURE



FORECLOSURE

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 payments

 

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

DON?T LET TIME

What It Really Means & How to Avoid It

Call today and allow our team of experts to help!

 

Scott E Langley   CDPE

334.707.0818 call/text

ScottELangley@remax.net