Foreclosure

Do you want to stop or delay foreclosure?

Through the five strategies below you may be able to save your home or walk away from it without owing the bank anything.

1 Foreclosure Defense: Has the bank followed the proper steps in pursuing their claim? You may have defenses to their lawsuit and a claim against them.

2 Mortgage Modification: Eligible candidates can refinance their mortgage into a lower interest rate loan with smaller payments.

3 Short Sale: If your home is worth less then what you owe you may be able to walk away from it without owing the difference.

4 Deed In Lieu: Give your home to the bank in lieu of actually going through the foreclosure process. Some banks will give you $1,000 to avoid a costly foreclosure.

5 Bankruptcy: Bankruptcy can be used to give you more time to catch up on your mortgage. You may even be able to eliminate a second mortgage if it is completely upside down.

• Overwhelmed? Call 608-829-1112 or email us.