JUST WALKING AWAY IS THE WORST THING YOU CAN DO!
Most people think that the worst thing that can happen is that the foreclosure will stay on your credit for 7 years, keeping you from rebuilding your credit quickly… Nothing is further from the truth! Even after the sale of your home at auction. Your lender may STILL sue you for the difference between what they sell your home for , and the full amount you owed regardless of current value (Plus legal Fees, Back Taxes, Insurance, and other “Junk Fees” they pile on). And they’ll get it! This is called a “Deficiency Judgment” and it can haunt you for years to come and can keep you from ever owning anything of value again for fear it could be taken away… Just to satisfy their “Deficiency Judgment”. Even moving or walking away won’t solve your problems.
In FACT… It Can Make it WORSE!
What You Need to Know To Stop The Banks From Foreclosing Your Home
We offer Innovative, creative and superior client service.
By concentrating our practice in those areas of greatest significance to our clients. We start by getting to know our clients’ philosophies, objectives and operations. we develop approaches designed to minimize exposures tailored to each client. That means we work hard to understand our clients need and want. When you call (IPI) InnoVative ProPerties & InVestments, LLC., you know who and what you are getting. Your real estate Team has over 75+ years’ experience.
CALL TODAY FOR A FREE CONSULTATION – LEARN YOUR OPTIONS. 407.466.7335
Options for avoiding Foreclosure:
There are several ways to save your home from foreclosure. Let’s review them now:
This is where the bank will take less than what is owed. But you the homeowner has to be forthcoming in the paperwork. You will need to provide paperwork for the bank allowing them to preview bank statements,verifying your employment. If you lost your job, or under- employed (not making what you did) these and many reasons to assist you in. Please request a short sale packet.
HARP 2.0 The Home Affordable Refinance Program ®, also known as HARP ®, is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009 to help underwater and near-underwater homeowners refinance their mortgages. Join the 3.4 Million people who have benefited from the Home Affordable Refinance Program
We are not attorneys, with that being said, we could suggest an attorney who could be the correct fit for you and your situation, Chapter 7, 11 or 13. We will work with you. We put your interests first
Deed in Lieu of Foreclosure:
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. Is this something you want to consider? maybe, but understand if you have any “Equity” in the property, that all goes to the bank.
There are several ways I purchase homes. We have all heard about buying on contract, lease optioning a home, or paying cash. The one way to purchase homes that is not new, but is getting a lot of attention is buying homes “Subject To.”
It sounds complicated, and some people even think it’s illegal, but it is the safest, easiest, and, often times, the most profitable way to purchase properties.
When you purchase a home “subject to” it means subject to the existing mortgage that is already in place on the property. The terms of the note that were initially created with the lender stay the same. That includes the name the loan was purchased in.
In other words, you are not assuming the loan. The terms you create with the seller are between the two of you as long as you follow to the letter the terms set up when the loan was conceived. If in Foreclosure, in the past we have brought folks out of foreclosure with a sizeable down payment to cover the cost of what the homeowner is behind on.
Fight the Battle:
Roll up the cuffs. We have Attorneys ready, willing and able to give the banks a fight they deserve. Terms you might want to learn while your attorney is discussing your case. MERS, CDS, Securitization, Clouded Title, just to name a few. We believe that exceptional service means being accessible and responsive to your special needs, and this is one of them. We put your interest first.
And then there is the battle YOU don’t want to do, Your tired, the bank has worn you down, I get it… I understand.
I have had success where others have failed… I WILL fight Your battle
Innovative Properties & Investments, LLC. is your local Orlando expert but can also service surrounding cities of Kissimmee, Winter Haven, Lakeland, Titusville, Altamonte Springs, and the entire state of Florida.
If you are afraid that you will lose your home, call today for a free consultation or fill out the form below to SAVE YOUR HOME NOW! 407.466.7335