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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
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