| What we do for you |
We don’t judge you; we help you stop the foreclosure process, at the earliest. We listen to all that you have to say and ask, analyze your case and then provide you with options to build a strategy, most suitable to you. With a well-chartered plan in hand, we then approach your lender and negotiate on your behalf to help him stop the foreclosure process. Our credibility and years of experience helps us to solve your case much faster. Some of the ways in which
we stop the foreclosure process are:
 Reinstatement Plan
Repayment Plan
Loan Modification
Loan Restructuring
Loan Refinance
Forbearance Agreement
Redemptions
Partial Claim
Pre-Foreclosure Sale
Short Sale
Deed-in-Lieu of Foreclosure
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Foreclosure assistance company to avoid foreclosure: MortgageBuyerBasics FAQs |
What is foreclosure?
Home foreclosure is the process by which a lender regains a property which they have financed. Typically, this is because the borrower has defaulted on payments. When the lender forecloses on the homeowner, the homeowner must move out of the house. This means that the homeowner loses possession of the property and jeopardizes any possible equity that the homeowner may have in the home. Foreclosures could seriously affect your ability to qualify for credit in the future. So you should avoid foreclosure if at all possible.
I've missed a few mortgage payments, what happens now?
Foreclosure might occur and your lender might repossess your home. When the actual foreclosure happens you must move or you'll be evicted anyway. Also, you may still owe the lender if they sell the house for less than you owe. You do have several options and you can make an informed decision once you have examined all of them.
How long does it take for a property to be foreclosed?
There is a legal time frame, which varies from state to state, which determines how long the foreclosure process can take.
Do I have any options?
You have several options available as long as you own your home. Once your house is sold, whether by you or through foreclosure, many of your options disappear. Knowing what your options are puts you in a much stronger position to deal with the foreclosure process. Armed with the right information, you may be able to save your home from foreclosure and, in some instances, avoid the foreclosure process altogether.
How long do I have to take action?
Time is of the essence when you are behind on house payments. Do not wait to act. Start working out an agreement with your lender immediately. The home foreclosure process can take anywhere from a few weeks to many months, depending on your state law and the method of foreclosure your lender chooses to use.
Should I file for bankruptcy to save my house?
No, that usually doesn't work. The American Bar Association has reported that 96% of homeowners who declare bankruptcy end up losing their home to foreclosure anyway. If you declare bankruptcy you will likely end up with both a bankruptcy and a foreclosure on your credit report.
Should I negotiate with the lender myself?
Yes. If you are only a payment or two behind and your lender has not hired an attorney to begin foreclosure proceedings you may be able to negotiate a work out agreement yourself. Don’t spend too much time on this however. If you don't have something worked out within 1-2 weeks, then it's obvious that your lender is not serious about working things out with you directly. When you get to that point you will be better served by professional representation that can use legal protocols to your advantage.
How do I know if I qualify for any foreclosure alternatives?
A foreclosure assistance company can help you determine which, if any, of these options may meet your needs. You should also discuss the situation with your lender.
What can loss mitigation do for me?
The goal of loss mitigation is to work out an agreement between the homeowner and the lender that will stop foreclosure proceedings permanently. This allows the homeowner to stay in their home and protects their credit history.
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| Testimonial |
"Dear Brian,
I can't even begin to thank you enough for the amazing service you provided us. I must admit, I came to you with small expectations. My husband Doug had been laid off and we were 2 months behind on our mortgage. You took the bull by the horns and immediately started talking with our mortgage company. Before we knew it, we had worked out a deal to keep our home and keep our payments the same. What really impressed us was the sensitivity you used in working with us and allowing us to maintain our dignity throughout this unfortunate period. Thanks again."
Lori & Doug - Colombus, OH
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