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.