With all the dubious assistance programs and out-right scams preying on home owners facing foreclosure, it can be difficult to find legitimate help.
Here's a list of programs that are either operated by the U.S. government or have its seal of approval:
Or Contact Us We Can Help: www.thewatsongrouprealty.com
What we do
--------------------------------------------------------------------------------
The Watson Group is the PREFORECLOSURE SPECIALIST you need on your side!
We understand that sometimes bad things can happen to good people. We are a family of caring professionals working together to help you stop foreclosure and save your home. Our home foreclosure intervention offers highly experienced and effective assistance to homeowners faced with the possibility of losing their homes. By providing alternative solutions, using government and non-government programs, we can tailor a mortgage work out plan to meet your specific family needs and circumstance.
How do we accomplish this?
We specialize in out-of-court resolutions of government and non-government mortgage delinquencies or home foreclosure claims for homeowners. These can be FHA, Rural Administration, VA, Freddie Mac, Fannie Mae, or conventional loans, which have become behind on house payments. Using creative and oftentimes un-conventional methods, all well within the Code of Federal Regulation guidelines; we stop the home foreclosure process. We DO NOT want to buy your home. We want to HELP YOU to keep your home and save your credit.
If you simply must sell your house we can help you work with your lender and assign you to one of our Realtor Professionals who has expertise in marketing properties in foreclosure in your market area.
Who We Are
We are the PREFORECLOSURE SPECIALIST you need on your side! We stop home foreclosure all across the greater Houston Area. Contact us today to find out how we can help you Avoid foreclosure 281-797-3941.
Brought to you by!
Laura & Rod Watson
The Watson Group Realty
Re/Max El Rey
11143 Huffmeister Rd.
Houston, TX 77065
Office: 281-797-3841
Direct: 281-797-3941
E-mail: thewatsongorup.remax@gmail.com
Option #1.
Loan modification
A modification to an existing loan made by a lender in response to a borrower's long-term inability to repay the loan. Loan modifications typically involve a reduction in the principal balance, interest rate or an extension to the length of the loan term. In some cases a different type of loan or any combination of the three. A lender might be open to modifying a loan because the cost of doing so is less than the cost of default or foreclosure.
A loan modification agreement is different from a forbearance agreement. A forbearance agreement provides short-term relief for borrowers who have temporary financial problems, while a loan modification agreement is a long-term solution for borrowers who will never be able to repay an existing loan. Loan Modification is sometimes the only way to avoid foreclosure.
The Watson Group Realty will have an ethical and qualified loan modification specialist help you save your home. Do not take this burden on your self. That is exactly what you lender wants. Be prepared by having The Watson Group Realty on your side.
We have helped lots of homeowners avoid foreclosure through our mortgage foreclosure relief program. Homeowners we assist have experienced a recent job loss, divorce, financial hardship or their mortgage rate has adjusted and increased their payments as much as 40%. Our program focuses on lowering your mortgage rate and payment, removing late payments, fees and giving you a fresh start. We do this through negotiating a mortgage loan modification with your lender. You do not have to be late on your mortgage to receive help, recent government incentives to lenders nationwide now give our loan modification team the ability to modify a mortgage even if it is not late.
Option #2.
The Short Sale
Did you know that there are actually options available to you should you find yourself in the situation of being unable to continue to pay your mortgage loan but you need to sell youra home, and your home is worth less on the market than you owe?
One of these options is a Short Sale, which occurs when a lender agrees to accept less than the actual balance of the loan as payment in full, allowing you, the homeowner to get out of the property and start over.
Why are banks willing to do this? Because the alternative is foreclosure, and the foreclosure process is usually far more expensive than the discount that lenders take on a Short Sale.
How the Short Sale Affects Your Credit
What happens to your credit as a result of this, you may ask? In almost every case we have ever worked, the homeowner walks away from the situation free and clear with no further damage to their credit beyond the effect of the late or missed payments that led up to the situation.
The bottom-line: a Short Sale proves to be a "win-win" solution for everyone involved.
How Do We Get Paid?
In the Short Sale transaction, we primarily act as the real estate agent, which enables us to be the liaison between you, the homeowner and your bank, as well as all other parties in the transaction. For this service, the bank pays us a commission on behalf of the homeowner. The homeowner doesn't pay us anything!
Are we Investors?
So you might wonder, why don't we actually purchase these properties as investments, since we could buy them at a discount. Well, as any smart investor knows, to make an investment worthwhile, the property must be purchased at no more than 65-70% of its after-repair-value. Generally, in a Short Sale, unless the property is in horrific condition, the bank will not discount the loan below 75-85% of its appraised value.
Since 95% of the calls we get come from first-time homebuyers who have bought brand new homes in the last 2-5 years, the banks simply cannot discount the property enough for it to qualify as an investment opportunity for us.
When we first started our Short Sale business, our primary objective was to purchase investment properties through this process. We quickly learned, however, that it was like looking for a needle in a haystack to find a good investment candidate.
We Knew We Could Help
We began to realize, however, that we could develop a business helping homeowners get through this process and walk away from a potentially devastating situation with hope, our focus quickly shifted to simply offering our services as real estate agents. Furthermore, because so few real estate professionals have the information and experience to help their clients navigate this process, we have dedicated ourselves to providing a professional service to distressed homeowners in the Houston community.
What we do
--------------------------------------------------------------------------------
The Watson Group is the PREFORECLOSURE SPECIALIST you need on your side!
We understand that sometimes bad things can happen to good people. We are a family of caring professionals working together to help you stop foreclosure and save your home. Our home foreclosure intervention offers highly experienced and effective assistance to homeowners faced with the possibility of losing their homes. By providing alternative solutions, using government and non-government programs, we can tailor a mortgage work out plan to meet your specific family needs and circumstance.
How do we accomplish this?
We specialize in out-of-court resolutions of government and non-government mortgage delinquencies or home foreclosure claims for homeowners. These can be FHA, Rural Administration, VA, Freddie Mac, Fannie Mae, or conventional loans, which have become behind on house payments. Using creative and oftentimes un-conventional methods, all well within the Code of Federal Regulation guidelines; we stop the home foreclosure process. We DO NOT want to buy your home. We want to HELP YOU to keep your home and save your credit.
If you simply must sell your house we can help you work with your lender and assign you to one of our Realtor Professionals who has expertise in marketing properties in foreclosure in your market area.
Who We Are
We are the PREFORECLOSURE SPECIALIST you need on your side! We stop home foreclosure all across the greater Houston Area. Contact us today to find out how we can help you Avoid foreclosure 281-797-3941.
Brought to you by!
Laura & Rod Watson
The Watson Group Realty
Re/Max El Rey
11143 Huffmeister Rd.
Houston, TX 77065
Office: 281-797-3841
Direct: 281-797-3941
E-mail: thewatsongorup.remax@gmail.com
The housing market is looking healthier. Here are six reasons why now is the time to jump into the market.
1. Uncle Sam is willing to help. First-time buyers (defined as anyone who hasn't owned a home in the last three years) are entitled to a maximum $8,000 tax credit; interest rates are at record lows; and the Federal Reserve is doing its best to make mortgage loans available. (Sign up for a Webinar to learn more about the home buyer tax credit)
2. People have to live somewhere. About 800,000 new households are formed each year in this country, ensuring that the housing market will tighten, even if the economy doesn't soar.
3. Borrowers leverage their investment. If you put $10,000 into the stock market and it earns 10 percent, you've earned $1,000. If you put $10,000 down on a home and its values increases 10 percent, you've made $10,000.
4. When prices come back up, you'll have instant equity. In parts of the country where foreclosures have driven down prices, better times will mean the price of the home you buy will rise rapidly.
5. Mortgage costs stay the same. If you get a fixed-rate mortgage, the monthly payment stays the same - while everything else, including rent, goes upward.
6. You own it. There is something comforting in the notion that your home is your own. You can paint it any color you want, let the dog run in the back yard and hang a swing for the kids in the front.
Brought to you by!
Laura & Rod Watson
The Watson Group Realty
Re/Max El Rey
11143 Huffmeister Rd.
Houston, TX 77065
Office: 281-797-3841
Direct: 281-797-3941
E-mail: thewatsongorup.remax@gmail.com
| Katy Moms Can Stay Healthier With Little Sacrifice |
|
|
Brought to you by!
Laura & Rod Watson
The Watson Group Realty
Re/Max Galleria Associates
4703 Richmond Ave Ste. B2
Houston, TX 77027
Office: 281-797-3841
Direct: 281-797-3941
E-mail: thewatsongorup.remax@gmail.com
When you represent buyers in a short sale, it's critical to give them an experience that's as close to the normal homebuying experience as possible, otherwise the home sales business becomes a flea market and buyers won't feel good about their purchase in the end.
Among the dozens of tips we offered in last weeks training:
If you aren't handling short sales already you need to be! If you or some one you know is interested in become an short sale expert in your market contact us at 281-797-3841 or visit us at www.thewatsongrouprealty.com.
Brought to you by!
Laura & Rod Watson
The Watson Group Realty
Re/Max Galleria Associates
4703 Richmond Ave Ste. B2
Houston, TX 77027
Office: 281-797-3841
Direct: 281-797-3941
E-mail: thewatsongorup.remax@gmail.com
 |
|
|
The Watson Group Realty specializes in: Residential Listings, Foreclosure Prevention, Short Sale Listings, REO Properties, and New Home Sales in Katy, Cypress, Galleria, Medical Center, and Inner Loop
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
Katy moms tend to be really busy trying to run after kids and some just don't feel like they have the time to take care of their own selves. 