If you are thinking about making a Proactive, Positive Solution, we encourage you to follow these 4 steps:
STEP #1: Make a commitment to yourself to be a proactive, take control and stop Foreclosure. The longer you wait, the harder it will be to find a solution.
STEP #2: List your objectives. Do you want to take control of your situation?
Do you want to pay an Attorney $1000ís of dollars for a temporary fix that you can do on your own, or do you want to permanently solve this Foreclosure problem and put it behind you so you can move on.
STEP #3: ASK QUESTIONS.
The way to learn about the best solution for you, is by asking specific questions and listen carefully to the answers. Here are several questions to ask a Mortgage Broker, Attorney, Realtor, or the Lender who is Foreclosing on you:
1- What is my guarantee that you will close my loan before it goes to Foreclosure at the court steps?
2- Will you commit to me in writing?
3- What interest rate are you getting me?
4- How many points are you charging me?
5- Will my monthly payments be more than what they are now?
6- What are the total closing costs?
1- Will filing Bankruptcy make the Foreclosure go away, or is it a temporary fix?
2- How much do you charge to file Bankruptcy?
3- How much will my new monthly payments be?
4- What happens if I canít afford the payments
5- Can I file a Bankruptcy myself at the courthouse and save thousands of dollars?
1- What is your guarantee that you will sell the house and close before it goes to Foreclosure at the court steps?
2- What if I find someone on my own who wants to buy the house, do I still have to pay you a commission?
3- If the house is sold at a price that wonít cover all of your commissions, do I still have to come out of pocket and pay you?
4- What happens to you if you donít sell the house and I lose it to Foreclosure at the court steps?
5- Are you only going to sell the house at a price for you to receive full commission?
6- How long will your listing contract tie up the house and entitle you to a commission?
THE FORECLOSING LENDER:
1- Can you work out a payment plan (forbearance) with me?
2- Will my monthly payments increase?
3- How much will they increase?
4- Will you show in writing the terms of the forbearance plan youíre suggesting?
5- If I agree to these terms, will you agree in writing to stop the Foreclosure?
6- What happens if Iím late on this payment plan?
7- Do you start where you left off with the Foreclosure?
8- With the significant increase in monthly payments, what percentages of people end up back in Foreclosure because they cannot afford the monthly payment?
9- How many people still go to Foreclosure after working out forbearance?
STEP # 4: Once youíre ready to make an informed intelligent decision act on it immediately, before itís too late. Remember time is your worst enemy.
The purpose of these four steps is to empower you with the information and questions you need to make a wise decision in choosing the best solution for you. If you only want a temporary fix then you should call one of the people listed in step # 3. Just do something before itís too late.
But if you want to be proactive, solve your problem and move toward a better future, then we invite you to take action and call us now.
We specialize in this area and we will be happy to answer your questions and concerns and give you a FREE FORECLOSURE AUDIT Ė without cost or obligation of any kind.