FORECLOSURE

               What it Really Means & How to Avoid It

              9 Ways to Avoid Foreclosure:

REINSTATEMENT:  Bring the loan current

FOREBEARANCE:  Temporary repayment plan

REFINANCE:  New loan with reduction in monthly  payments

LOAN MODIFICATION:  Modify original loan terms

SELL THE PROPERTY:  Use equity to payoff or pay difference

RENT THE PROPERTY:  Must make loan current

SHORT SALE:  Negotiate with bank to accept sale under loan amount

DEED IN LIEU OF FORECLOSURE:  "friendly foreclosure" 

BANKRUPTCY: Will stall foreclosure but not prevent it

                         DON'T LET TIME RUN OUT! 

                      Call today and allow Carole to help!

Clink on the following link for more information on Foreclosure Vs. Short Sale.

1001-foreclosure-versus-short-sale-update-01.pdf