Foreclosure Options
Loan Modification
Short sale foreclosure help
Reinstatement Plan
New monthly payment plan
Lenders can choose to help in several ways, but most commonly, Borrowers will submit their financials to be reviewed for a new monthly payment plan. At times, the defaulted amounts may be due in the future or become a silent second loan. #RealEstate #ForeclosureHelp #LoanModification #LosAngeles
Reinstatement Plan
Short sale foreclosure help
Reinstatement Plan
Monthly payments to catch up
Sometimes you're not too far behind and just need a little help catching up. Repayment plans can take your defaulted amounts and spread it out throughout a period of time, usually 3-5 years, and are made in addition to your current monthly obligations until you're caught up. #RealEstate #ForeclosureHelp #LoanModification #LosAngeles
Short sale foreclosure help
Short sale foreclosure help
Short sale foreclosure help
Debt forgiveness
Selling short of what you owe, a short sale can help give your family more time in the house until it's sold and upon successful close of escrow, you owe nothing further to the lenders, homeowner association companies and other liens. Relocation incentives may be applicable. Most clients walk away with $10,000. #RealEstate #ForeclosureHelp #LoanModification #LosAngeles
Document Checklist
Documents needed to start
- Most Current Mortgage Statement
- 1 month pay stubs
- 2 months bank statements
- 2 years tax returns
- Utility Bills
- Other forms of income: lease agreements, SSI award letter, pension award letter
- Mortgage statements for other loans, if any
Additional documentation may be requested.
