Saturday, August 2, 2008

Home Foreclosure Help

By Jordan Owens


What is foreclosure? Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the borrower or homeowner is behind on house payments and is unable to catch up, often due to circumstances outside of his or her control. When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of the property and jeopardizing any possible equity that the homeowner may have in the home.You may qualify for a special federal program that would enable you to keep your home. You may also qualify to keep your home if your problem situation has been resolved. Because each foreclosure situation is different, please contact us to discuss your options.Yes. We specialize in loss mitigation. We work directly with the banks and trustees to help you resolve the issues and do a work out plan.

I've just received a foreclosure notice. Can you help? Yes we can. If you act fast! In Georgia you only have four weeks before your house is sold. There are a number of options available depending on your situation. Together we can prevent the foreclosure and preserve your credit rating.

What is foreclosure? Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the borrower or homeowner is behind on house payments and is unable to catch up, often due to circumstances outside of his or her control. When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of the property and jeopardizing any possible equity that the homeowner may have in the home.

How long do I have to act? Time is of the essence when you are behind on house payments. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get a work out agreement with your lender that you can live with. The home foreclosure process can take anywhere from a few weeks to many months, depending on your state law and the method of foreclosure your lender chooses to use. We have encountered many homeowners who did not even know that they had already lost their house!The Colorado Division of Housing is a primary sponsor of the Colorado Foreclosure Hotline. The Hotline will connect you with a counselor who can assist you in a variety of ways. There is no charge for this service.

I am in foreclosure, but I want to keep my home, can you help me? You may qualify for a special federal program that would enable you to keep your home. You may also qualify to keep your home if your problem situation has been resolved. Because each foreclosure situation is different, please contact us to discuss your options.Yes we can. If you act fast! In Georgia you only have four weeks before your house is sold. There are a number of options available depending on your situation.

How experienced is your firm in foreclosures? We have years of experience in real estate foreclosures. Our staff of highly qualified consultants has valuable contacts within many mortgage companies. When our team of experts call on your behalf, your mortgage company knows professionals are representing you.Yes. We specialize in loss mitigation. We work directly with the banks and trustees to help you resolve the issues and do a work out plan. If you want to sell we can help you also. Save the commission from realtors by working with us for a fast sale. Also we can lease option the home back to you through another investor. Too many options to list. Yes. We are looking for nice homes in nice areas and if your home fits our criteria then we would definitely be interested.Time is of the essence when you are behind on house payments.

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