Facing foreclosure?
Here are some practical tips!
I received a phone call from an individual facing a month's foreclosure not too long ago. I was asked,
"Dan, how do I avoid this foreclosure?"
With the current situation where we are facing unfavorable conditions like foreclosure, I hope you are not, but if you are, please watch my video as a reference.
Well, what is a foreclosure?
A foreclosure is when the bank takes your home. Your house is collateral to your mortgage. Failure to pay your mortgage means the bank will take your house.
What can you do to avoid foreclosure?
Temporary situations
An excellent example is when you just lost your job and can't pay your mortgage.
Give the bank's mitigation department a call to inform them about your financial situation.
The bank may be able to work around it.
Longer situations
This is where you haven't paid your mortgage in years, and they may have difficulty working with you, so you may need to make a Short Sale.
What is a Short Sale?
A Short Sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property.
A property sale can be accomplished if all lien holders agree to accept less than the amount owed on the debt.
I hope you are not in that situation, but if you are, or if I can help you in any way, you can contact me: at 📱: 703-346-2776 or send me an 📧: dan@greetingsvirginia.com.
I've been selling real estate since 2007 for hundreds and thousands of homes, and I'm happy to help you.
Talk to you soon.
If you're interested to learn more about Real Estate Investing or tips and strategies about Real Estate, you can reach me at 703-346-2776 or send me an email at Dan@greetingsvirginia.com. We will be more than happy to help you.
Save Thousands of $$$
on your next home loan.
Keller Mortgage can save you thousands of dollars. It's fast, easy!
SCHEDULE A CALL NOW TO DISCUSS HOW OUR 193 POINT PLAN TO SELL YOUR HOME WILL GET YOU THE MOST MONEY IN YOUR POCKET.
Buying a Home is Easier than You Thought!
Here's a list of what you need to think about before you buy, and it will walk you through what you can expect from the buying process itself, plus tips to make life easier after you buy your dream home.
