The "Loan Xperts" Blog

Stop Foreclosure & Save Your Home.

IMMEDIATE EMERGENCY HELP!

Options that may be available to you:

ØRepayment Plans w/your lender

ØAvoid Bankruptcy

ØNo Equity or Credit Needed

ØPrivate Money

ØFast Cash, Sell Quickly

ØBailout Loans Possible

ØCredit Restoration Available

Our Company Specializes in Helping Homeowners Who are Having Trouble With Their Mortgage payments. We Can Help You Stay in Your Home or Assist You If You Need To Sell Quickly.

Don’t File For Bankruptcy
OR

Deed Your Home Unnecessarily to Investor’s Who Are After

Your Hard Earned Equity!

Learn the Common Mistakes Made by Homeowner’s in Default.

___________

KNOW

The

FACTS

___________

Common Myths most people believe will

SAVE their HOME from FORECLOSURE.

The Myths

1 – Refinancing

2 – Filing Bankruptcy

3 – Listing with a Realtor

4 – Investors

5 – Ignoring it

Life has a way of sneaking up on us sometimes. Due to no fault of our own, we find ourselves unable to keep up with our monthly mortgage obligation.

The last thing you need is some slick talker trying to take your house out from under you. With public records so easily accessible these days, it’s no wonder all these people are coming out of the woodwork.

As a homeowner you need to hear the facts, not promises. You need to know the truth that will set you Free from Foreclosure.

Myth # 1- Refinancing

There is a possibility of refinancing provided the homeowner is credit worthy and that the Loan-To-Value (LTV) isn’t too high for a lender to grant a new loan. Many times a person can refinance, lower their monthly payment and sometimes even get some cash back. Beware though; if a court date is pending do not rely on this as your only way to avoid foreclosure. You must remain pro-active when using this technique. There are some loan officers who will promise a homeowner they can refinance, but then will wait right up until the day before the sale and tell them it didn’t work out. Now the homeowner is unfairly forced into making a quick decision usually with no where to turn.

Myth #2 – Filing Bankruptcy

A homeowner can file bankruptcy, but they will find themselves having to make their house payment and their bankruptcy payment. If they do not keep up with all the payments, their home can still be foreclosed on. The lender can file a “Stay of Relief” and continue forward with the foreclosure. The total arrearages will become due at that time. Remember also when a homeowner files bankruptcy they are usually putting more than their house debt into the payment so it’s going to be a large monthly obligation along with whatever attorney fees are being charged to set up the bankruptcy. A bankruptcy will be reported to all credit agencies and remain on your credit for up to 10 years.

Myth #3 – Listing with a Realtor

In today’s market many Realtor’s will not list your home if a foreclosure sale date is pending. A realtor may feel they do not have enough time to advertise or sell the home under these circumstances. However we can help you with our experts at "Save Our Home From Foreclosure, LLC," and you can still list your house and avoid the foreclosure.

Myth #4 –Investors

Some folks are asked to sign their deed over to an investor with the hopes of stopping the foreclosure only to find themselves in worse shape and more debt. We can assist with our private money investors that will look out for your best interest and help you keep your home with no hidden agendas. This could enable you to make up your back payments and fully reinstate your loan. There are other possible creative options that may help you remain in your home and help you get back on your feet.

Myth #5 – Ignoring it

As much as we wish this would work, it won’t make things go away. Your lender could also file for a Deficiency Judgment against you.

THE TRUTH OF THE MATTER IS:

There are many options for a homeowner is fighting to keep their house. Through the process of Loss Mitigation our highly qualified team of Certified Loss Mitigation Specialists will negotiate on your behalf directly with your lender to resolve your foreclosure issues and Save Your Home! We work for you, NOT your Lender. Remember, we are on your side, TIME IS NOT!

For a No Obligation Free Consultation call (727) 209-0372 to speak with one of our Certified Loss Mitigation specialists today!.