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KNOW SOMEONE FACING A FORECLOSURE?

9 Ways to Avoid

FORECLOSURE

 

1. REINSTATEMENT: Bring the loan current

2. FOREBEARANCE: Temporary repayment plan

3. FINANCE:  New loan with reduction in monthly payments

4. LOAN MODIFICATION: Modify original loan terms

5. SELL THE PROPERTY:  Use equity to payoff or pay difference

6.  RENT THE PROPERTY: Must make loan current

7. SHORT SALE: Negotiate with bank to accept sale under loan amount

8. DEED IN LIEU OF FORECLOSURE: "Friendly Foreclosure"

9. BANKRUPTCY:  Will stall foreclosure but not revent it

 

THERE ARE OPTIONS so call me today.  I am a    

           Certified Distressed Property Expert (CDPE)

and can guide you toward the best decision for you or someone you know.  214.662.5502

 

 

RE/MAX of Texas | Brenda Kroll, RE/MAX Premier Properties I | 5501 Independence Pkwy Suite 105, Plano, TX 75023 | (972) 867-4747 | Contact Me by E-mail