You Have Options!
At a time when the nightmare of foreclosure is still a clear and present danger for many homeowners, the good news is you have options! In fact, there are many people in pre foreclosure status today who are working successfully with local real estate investors. They are getting the help they need because homeowners facing foreclosure have learned they need to take action sooner than later if they wish to retain, sell or simply avoid foreclosure.
Another aspect of this good news about options for those in pre foreclosure status is linked to common sense. For instance, there are many special foreclosure programs for veterans and those with limited income due to recent illness or job loss. In other words, the “buck stops with the homeowner” who must request help form real estate professionals to “get the ball rolling for assistance.”
Great foreclosure prevention options
There are ways and means to avoid any type of foreclosure action, say longtime housing leaders commenting online. While this is sound advice, there are many homeowners facing foreclosure without the knowledge or skills to sort it out with their lender. Thus, it is all-important they contact estate agent experts so as to benefit from the many programs now being offered across the nation to avoid foreclosure.
Trending foreclosure options include
– Refinance
– Repayment plans
– Forbearance plans
– Modification plans
– Short sale options
– Deed-in-Lieu offers
– Reverse mortgage options
In general, there are skilled housing counselors featured online at top real estate web pages ready to help stop any foreclosure action.
Options to prevent foreclosure
There are many American homeowners facing pre foreclosure and other types of foreclosure that can be stopped or halted with proven options, say real estate experts sharing this good news online. Moreover, there are many ways to sort out one’s financial difficulties and stay in the home. This good news is for anyone eligible to modify or refinance their current mortgage loan while lowering one’s monthly payments so it is more affordable is also on the table. There is also great news for those who have either missed or cannot make their mortgage payment in terms of both temporary and permanent solutions.
Foreclosure avoidance possible today
At a time when many homeowners are taking steps to avoid foreclosure, it is good to know there are many practical options to avoid home foreclosure today in 2016. For example, there is the federal government’s “Home Affordable Refinance Program (HARP) that allows those in need to get a new mortgage loan with lower interest rates and monthly payments. The new terms for their current mortgage are backed by HARP under a program that officials say “completely replaces your current mortgage.” This applies even if the property value has “decreased” and the homeowner has a current mortgage that is greater than the home is worth. In turn, the HARP options include making lower and affordable payments while not creating “negative activity” that impacts one’s credit history.
Overall, there have never been better options for homeowner’s facing foreclosure and wanting lower monthly mortgage payments.