The decisions you make as a homeowner today hold a profound impact on your financial future. However, it is important to safeguard yourself from misinformation and fraud. Get the facts regarding your situation and always have a contingency plan.
For those who qualify, a mortgage modification is the ideal remedy to their financial distress. I've prepared a FREE report on the truth about mortgage modifications to guide you through this important process. Simply request your report below to get this valuable information, and feel free to pass it along to anyone who may need it. One homeowner lost to foreclosure is one too many!
As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Together, we can formulate a plan to get back on track.
If you have any unanswered questions, or your circumstances are urgent, please call me today.
Michelle Burgos, CDPE®
954-343-3104
Frequently Asked Questions - www.FLAvoidForeclosre.com
It is understandable to have questions when coping with a new and challenging situation, especially when a home is at stake. The reality is that millions of homeowners across the country are finding out that they have more questions than answers. We hope that the following information will help you better understand the circumstances. If you have further questions not addressed below, or would like additional information resources, feel free to Contact Us.
Do I qualify for a short sale?
The qualifications for a short sale include any or all of the following:
What is a mortgage modification?
A mortgage modification is a process through which your mortgage lender changes any or all of the following:
This process can allow borrowers to stay in their property when they can no longer afford their current mortgage payments.
Why would a lender modify my mortgage?
Lenders have realized that in some cases it is better for them to work with current borrowers to lower payments or possibly improve terms in order to keep homeowners in their properties. The average foreclosure can cost a lender from 35-50% of the value of a property, so keeping borrowers in their homes is a good option for everyone.
What do I need to qualify for a mortgage modification?
According to the Making Home Affordable Web site (www.MakingHomeAffordable.gov), you will need the following information for your lender to consider a modification:
If applicable, it may also be helpful to have a letter describing any circumstances that caused your income to reduce or expenses to increase (job loss, divorce, illness, etc.)
How do I qualify for a mortgage modification?
The first call you make should be to your lender, have the information above ready to discuss with them and call your customer service line to ask them what options you have available. If the person you speak with does not understand what you are asking, you can ask to be referred to one of the following departments (different lenders have different names for these departments):
Prior to contacting your mortgage lender you can quickly complete an eligibility test at www.MakingHomeAffordable.gov. This test will let you know if you are eligible for a modification through the government-sponsored Home Affordability and Stability Program (HASP). For a list of mortgage lenders and servicers, visit www.HopeNow.com.
What if I don't qualify for a mortgage modification, can't afford my home, and owe more than it's worth?
You are not alone and foreclosure is not the only option. If your mortgage lender or servicer will not work with you to reduce your payment, you may want to consider a short sale. Agents like me, with the Certified Distressed Property Expert® Designation, have undergone extensive training in how to process and negotiate short sales. A short sale allows you to sell your home for less than what you owe and avoid foreclosure. Speak to your market expert to see if you may qualify.
What is a Home Affordable Refinance?
If Fannie Mae or Freddie Mac owns your mortgage, you may be eligible for a Home Affordable Refinance. This will allow you to refinance your home and often lower your payments.
What are the qualifications for a Home Affordable Refinance?
According to the resources released by the government, following are a list of qualifications:
Contact Michelle Burgos, CDPE® Michelle Burgos, CDPE®
RE/MAX PowerPro 4301 Flamingo RD. Suite 101 Davie, FL 33330
954-343-3104 www.MichelleCanHelp.com 
Breve Explicación de las Ventas Cortas (Short Sales)
Una venta corta (short sale) puede ser una excelente solución para los propietarios que tienen que vender su residencia y quienes deben más dinero que lo que su propiedad vale. En el pasado, era muy poco común que los bancos o prestamistas aceptaran una venta corta (short sale). En nuestros días, debido a los cambios abrumadores del mercado inmobiliario, los bancos y prestamistas se han vuelto mucho más abiertos a la negociación en lo que tiene que ver con este tipo de transacciones. Los cambios recientes a la política corporativa de la administración del Presidente Obama también han mejorado las posibilidades de obtener la aprobación de una venta corta (short sale).
Pero para ser un poco más técnicos, aquí tiene una definición un poco más oficial:
Un propietario se encuentra "corto" cuando la cantidad de dinero que debe por su propiedad es mayor que su valor en el mercado actual.
Una venta corta (short sale) ocurre cuando se presenta una solicitud ante la compañía hipotecaria del prestatario (o compañías) para que acepten una cantidad de dinero menor al balance total del préstamo cuando se complete la venta. Un comprador compra la propiedad y la propiedad es entonces "vendida por menos" (sold short) del valor total de la hipoteca.
Para que los propietarios puedan califican para una venta corta (short sale), tienen que tener una o todas de las siguientes circunstancias:
Problemas Económicos: Situación que causa que usted tenga problemas para poder pagar su hipoteca.
Déficit de Ingresos Mensuales: O dicho de otra forma: "Usted tiene más dinero que mes". Un prestamista tiene que comprobar que usted no puede pagar, o que pronto no va a poder pagar su hipoteca.
Insolvencia: El prestamista tiene que comprobar que usted no tiene los activos necesarios que le permitan pagar su hipoteca disminuyendo su deuda.
Esto parece ser bastante simple, pero es un proceso complicado que necesita de la experiencia de profesionales calificados. Contamos con la Designación CDPE® y estamos listos para identificar todas las opciones posibles disponibles para usted y para ayudarle a ejecutar rápidamente la transacción de una venta corta (short sale).
Si tiene preguntas o cree que puede calificar para una venta corta, por favor contáctenos para una consulta gratuita.
Entender cuáles son sus opciones ahora puede hacer una gran diferencia en el futuro.
Michelle Burgos, CDPE - www.FLAvoidForeclosure.com
There are millions of homeowners just like you who are looking for answers and don't know what to do. You're not alone and you're in the right place.
As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Despite my best efforts, there's still an overwhelming amount of misinformation about the options available, especially short sales.
To give you a better idea of the short sale option, and to set straight some of the myths you may have heard, I've prepared a free report just for you - please fill out the information below to receive your free report. This report will clarify the following myths:
These ideas are potentially harmful to homeowners seeking real solutions. I hope you'll review this information for yourself or share it with a homeowner in need.
In these times, we all need to know the truth to know how to get back on track.
If you have any additional concerns about this issue, or your circumstances are urgent, please give me a call.
Michelle Burgos, CDPE®
954-343-3104
The decisions you make as a homeowner today hold a profound impact on your financial future. However, it is important to safeguard yourself from misinformation and fraud. Get the facts regarding your situation and always have a contingency plan.
For those who qualify, a mortgage modification is the ideal remedy to their financial distress. I've prepared a FREE report on the truth about mortgage modifications to guide you through this important process. Simply click here to get this valuable information, and feel free to pass it along to anyone who may need it. One homeowner lost to foreclosure is one too many!
As a Certified Distressed Property Expert, I have training and experience in providing solutions to homeowners facing financial hardship. Together, we can formulate a plan to get back on track.
If you have any unanswered questions, or your circumstances are urgent, please call or email me today at Info@MichelleCanHelp.com.
Michelle Burgos, CDPE®
954-343-3104
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CDPE ~ Certified Distressed Property Expert® Helping Homeowners Avoid Foreclosure. Miramar & Pembroke Pines Foreclosure & Short Sale Expert. FREE MONTHLY REPORTS BUY/SELL Visit: www.MichelleCanHelp.c
She is definitely somebody you want to have on your side of the table!
My wife and I have just completed the sale of our home with the professional help of Michelle Burgos. We were able to sell our home at a great price, getting what we wanted, even in these tough times. Michelle surprised us impressively from the the very beginning with her professional presentation and marketing plan. It was very reassuring to us after having dealt with other realtors in the past, to see a level of expertise once thought non-existent. Michelle was always a phone-call away, and if not available at the time, would always return our phone calls promptly. She handled all of our home showings with the highest regard to the safety and security of our property, obtaining all pertinent information prior to allowing any entry into our home. She is definitely somebody you want to have on your side of the table, and not the other. By all means, if you are considering selling, buying, or even refinancing a real estate property, please do consider using the services of Michelle Burgos, we are sure glad we did.
Mr. & Mrs. Pribetic, Miramar, FL
More Than Our REALTOR - Our Friend!
"Thank you so much for being there for us in or most difficult times. I know your career as a REALTOR does not require you to do all the things you have done for us. Your more than our Realtor, you are our Friend! God Bless You, Michelle."
Todd & Tracy Owen, Pembroke Pines, FL
Our Family REALTOR!
Michelle, thank you for assisting us with our three sales. We will be contacting you soon, as my mother and sister will need your assistance. You are "Our Family REALTOR"
Gail & Lisa Wilson, Weston, FL
You're A Person I'd Recommend!
"Michelle, You're a person I'd recommend to others, so I'm inviting you to join my professional network."
Ralph Wasner, Parkland, FL
Nice to find someone as qualified as you!
"It was very nice to find someone as qualified as you to help us relocate!" Thanks!
Sincerely, Lai Sei Cheung, Atlanta GA
Great Work!
"Thanks for all of your assistance. Great work!"
Ken & Jeanne Christopher, Pembroke Pines FL
We Appreciate All of Your Hard Work!
"Michelle, Thanks for all your updates and keeping us informed. We value and appreciate all of your hard work."
William & Lorriane Pribetic, Miramar FL
Michelle, Thank You So Much!
"Don't know how we could have done it with out you. Michelle, thank you so much, for all of your guidence!"
Barbara Gray, Miami Gardens, FL
Why you should choose me to be your Broward County (Miramar, Pembroke Pines, Davie, Weston, Cooper City and/or Southwest Ranches) Florida Buyer's Agent:
For most families, choosing a new home is the biggest financial decision they will ever make. There are many complicated decisions involved in choosing your new home. To protect your interests and assure that you make the best possible decisions, it's important that you have an agent on your side who is an expert in the local real estate market (Broward County, Miramar, Pembroke Pines, Davie, Weston, Cooper City, and/or Southwest Ranches).
As your agent, my focus is on getting you the best possible home at the best possible price. I will work hard not only in finding you potential new homes to see, but also in keeping you informed of everything that takes place. As your agent and a top expert in the local market, I'll negotiate the best prices and terms for you and answer all of your questions as they arise. Rest assure that my experience and expertise in the local market will be used in your best interests during the negotiation process.
Let me help you find your dream home and assure your best interests are protected throughout the entire process.
As your agent, I will:
Feel free to call or e-mail me with any questions you may have at any time.
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What makes you different from every other REALTOR®? Why should I hire "YOU" to sell my house?
"COMPARE APPLES TO APPLES!"
You will find: I am qualified, experienced, and I will provide you with unsurpassed services and proven results! After all, your bottom line is what matters!
For most families, selling their house is one of the biggest financial decisions they will ever make. The process can be daunting, with many important questions that need to be answered. Choosing the best REALTOR® to market and sell your house can make all the difference, turning an otherwise difficult, stressful process into a comfortable, informed experience that you are in control of. As a top southwest Broward area Realtor (Broward County, Miramar, Pembroke Pines, Davie, Weston, Cooper City, and/or Southwest Ranches), I will make sure that you get the best price for your home, in the least amount of time.
Call me today to learn how our Marketing System will Benefit You!
FOR IMMEDIATE RELEASE
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