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.
If you find yourself in this situation, we can help explain the foreclosure process along with short sales and mortgage modifications.
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.
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.
Modification: You may work out a compromise with your mortgage company to keep your home.
We are to help.