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Anyone who has not experienced it can only imagine
the emotional difficulty in dealing with a foreclosure.
If you may be
facing a foreclosure on your property, please read on. You really
should know what might happen. It is the intent of this REPORT to
better inform you of your options. If you are NOT dealing with this
“looming dragon”, we call a foreclosure, WE SUGGEST THAT YOU HANG ON TO THIS
REPORT ANYWAY, JUST IN CASE
GOOD NEWS... NEW PROGRAM MAY ALLOW YOU TO KEEP YOUR HOME,
WHILE GETTING BACK ON YOUR FEET
IF THIS HAS NOT STARTED, IT SOON WILL:
- Attorneys might be contacting you
with offers to help you declare bankruptcy.
Just keep in mind how difficult life will be with a bankruptcy on your
credit for up to 10 years. Is this really what you want? Be aware of the
full consequences of this action. It may sound good at first, but
the results may not be what you initially expected. Which is worse on
your credit, a foreclosure or a bankruptcy? The answer, both are bad.
- Realtors might be calling you,
saying THEY have the answer to your problems,
“Just list your property with us”? What they may not tell you is, what
are the realistic expectations that a buyer will be located and then close
before the foreclosure deadline? If it happens, then the Realtor earned
his commission and you sold the house. But they are under no obligation
nor risk to perform by the deadline. Remember, it can take 3-9 months
to find a buyer and THEN 2-3 months for some buyers to get through the
closing process. Think about this, could listing your home at this time
deter SOME creative buyers? The answer is yes. For example, an investor
can BUY the home, IF the fees aren’t too high (such as Realtor fees).
- Lenders might be offering you a
chance to refinance your home. What Lenders
might not say to you is that you may end up with either a higher interest
rate, extra costs or excessive paperwork and, in many cases, you may still
may not qualify for a new loan, thus losing desperate time in
finding a REAL solution to your problem. Are higher payments the
answer? Aren’t the payments already the problem? Of course they are.
Be
sure you deal with a lender who specializes in the foreclosure situation.
Also note, some lenders may surprise you in the 11th hour with
a requirement that if your home was listed with a Realtor within the past
6 months, the lender may not be able to close on the new loan. If that
happens to you, then you are back where you started, but with less time.
- Your existing lender might be
calling you with options? Simple, pay them all
back payments and fees you owe. But where will you get the money to do
that when if you had the money to begin with you wouldn’t be in this
situation now. Considering your current situation, if a new lender pulled
your credit report and sees what is happening, it might be extremely
difficult to get a new loan.
- Inexperienced Real Estate
Investors are either just looking to grab the property for a ridiculous
low price or they may get your hopes up by making you promises they can’t
keep, then, in the end, they don’t or can’t close.
Some real estate investors think they are good at handling
such situations and a few are but many more are just wasting your time
with offers they can’t keep.
So our suggestion to you is to work with one
investor who has the financial experience to get results and who can get
the job done right, the first time.
They may not be able to guarantee
solving your problem, they may be your best chance. After all this is the
time to make some important decisions, whether losing a few dollars of
equity to avoid a pending foreclosure and gaining instant emotional and
financial relief, is a solid answer for most people in foreclosure
situations.
AND THEN...HERE IS WHAT MAY HAPPEN
NEXT;
Usually you have a few weeks to a few
months before the dreaded AUCTION of your property by your lender. At that
point, you are effectively out of choices and “on the street”.
Simultaneously your credit will be SO damaged you probably will not be able
to finance a new a home for years to come. When it comes to renting, the
embarrassing events of being turned down and paying increased deposits are
something you’ll need to get used to. The same kind of financial situation
occurs for those who declare bankruptcy.
WE SUGGEST A DIFFERENT
APPROACH:
"The Home Saver Program" A new alternative to foreclosure.
Keep your home.
That's right save your credit, and keep equity. Other
investors would not dare let you know of this option, but we will.
Call for a private consolation as to how this works. Let us do a review to
see if you qualify for this special relief program.
We call it the "Home Saver" Plan. If it does not work, only then would
we suggest the following options.
- Quick sale and quick cash.
If you wish to sell and save your credit, the
fastest and cleanest solution may be to sell the property to a
transaction expert, who can get the debts cleared and settled, and
ultimately get the property re-sold and the loan out of your name.
No
plan is guaranteed, but you need to go with the BEST option. To help
ensure this options works, be sure to be forthright with the
investor/buyer and offer full details.
They can work with the facts and
get the fastest results. They have the resources to take over payments,
make up back payments, and/or, in most cases, get the property sold. A
FREE fact finding call is all that is needed to determine the best course
for you.
- DO NOT DELAY IN looking into this
option. The closer to the auction date you
become, the harder this OR any option becomes.
Hesitation WILL cost you as buying options become fewer closer to the
auction date.
For
more information, call us and we will personally review your situation over the
phone FREE OF CHARGE, and review your options regarding refinance,
selling, or what ever else may help your situation. We understand how to
deal with these difficult situations and want to help you. There is no cost or obligation for the call
and FREE analysis.
EVEN of you have little equity,
there are powerful NEW solutions you may NOT be aware of. Learn ALL of your options now. Call
(866) 202-6047 now, and leave us
your details, one of our capable team members will call you back.
We can refer you to a
local lender who likes difficult loans and creative solutions, all at low
great rates. CALL TODAY FOR YOUR SOLUTION - ITS A FREE SERVICE.
(866) 202-6047 and leave us a message - we will usually return your
call within 4 hours.
Call Today:
(602) 421-3362 or email to:
Linda@wealthhere.com
(we specialize in Arizona)
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