Stop foreclosure: donít let your home
go on auction Get back
your equity or amount already paid on your property
How can I stop the foreclosure?
Don't ignore letters from your Bank. If
you are having problems making your payments, contact your bank
immediately. Explain your situation. Be prepared to provide them
with financial information, such as your monthly income and expenses.
Arrange repayment plan
Your Bank may be able to arrange a repayment
plan based on your financial situation. But you need to take the
initiative and approach the bank and keep up your commitment.
Why should you go for a Pre foreclosure
If your property is sold by the Bank for
less than the total amount you owe the bank, your Bank could seek
a deficiency judgment. If that happens, you not only lose your
home, you also owe your bank an additional debt. On the other
hand, if you have equity and have paid a reasonable amount on
your loan already, you will lose your home and the amount you
had already paid. In a short time, you may find it hard to find
a buyer when the bank is already on the process of foreclosure.
In this period, it is advisable to go for a pre-closure sale to
get back your equity.
What is our role?
We serve as mediators with potential buyers
and arrange for a quick pre-foreclosure sale of your property.
We list your house in our web site and put advertisements in the
news paper. We negotiate with the Bank when we find a potential