Foreclosures, Short Sales and Modifications
In these times with the financial challenges brought about by COVID, many of our neighbors are in fear of losing their homes to foreclosure.
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If you find yourself in this situation, we can help explain the foreclosure process along with
short sales and mortgage modifications.
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Foreclosure: You must be given the opportunity to meet with your lender at a Foreclosure Conference before any court proceeding may begin. There will be referee from the court conducting the conference. You may bring a lawyer if you wish.
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Short sale: Your mortgage company allows you to sell your home at a price that will not payoff your mortgage. (It's also referred to as being "under water.") Once sold, you will have no more obligation to your lender.
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Modification: You may work out a compromise with your mortgage company to keep your home.
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We are to help.