Do You Need Help! Are You Feeling Hopeless? No Equity? FORECLOSURE?

Are You Up-Side Down on Your Mortgage or House Value or Are You Behind on Your Mortgage Payments?

Whether you are behind in your mortgage payments, or are trying to stay afloat borrowing from your credit cards to pay your mortgage, we want you to know there are alternatives and ways out, NO MATTER WHAT YOU OWE.

You are NOT alone. Over 29% of the public is in the same situation.

If you want to avoid all the reading below, simply give me a call and I will explain your options to see if I can assist in helping you keep your home by doing a loan modification or getting the foreclosure off your back. 609-234-9228.

What Happens When You Miss Mortgage Payments?

Foreclosure may occur. This is the legal means that your lender can use to repossess (take over) your home. When this happens, you must move out of your home. If your property is worth less than the total amount you owe on your mortgage loan, a deficiency judgment could be pursued and your wages might be garnished. If that happens, you won't just lose your home. Both foreclosures and deficiency judgments could seriously affect your ability to qualify for credit in the future; you should try stopping foreclosure if possible. You will be served with a Notice of Default after being 90 days late, but do NOT move out until you consult an attorney or a licensed Real Estate agent. There will most likely be plenty of time left to help you select the right alternative.

What Should You Do?

DO NOT IGNORE THE LETTERS FROM YOUR LENDER. If you are having problems making your payments, call your lender's Loss Mitigation Department immediately. Explain your complete situation. Be prepared to provide them with financial information, such as your monthly income and expenses. Without this information, they usually will not help you. Stay in your home for now. You may not qualify for assistance if you abandon your property. Call me to do a loan modication or talk about a short sale at Call (609) 234-9228 or contact a HUD-approved housing counseling agency. Call (609) 234-9228 for the housing counseling agency nearest you. These agencies are valuable resources. They frequently have information on services and programs offered by Government agencies as well as private and community organizations that could help you. The housing counseling agency may also offer credit counseling. These services are usually free of charge.

If These Do Not Work What Are My Alternatives?