[ Ссылка ] Folsom Short Sale Information. Folsom Short Sale Agent Mike Rigley discusses How to Avoid Foreclosure in Folsom
Looking for Folsom short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us.
Is a Folsom Short Sale the only alternative you have to avoid foreclosure in Folsom?
The answer is a resounding NO. A Short Sale in Folsom is but one of the nine alternatives. Last time we talked about options 1-4. Today let's explore the options 5-9.
5. Partial Claim -- This would involve getting a second mortgage to cover the missed payments and back interest. Really -- if your Folsom home is already upside down and you are struggling to make payments, what sense would that make?
6. Deed in Lieu of Foreclosure. It has such a nice sound to it doesn't it. Just turn the keys back to the bank and all is forgiven right? WRONG. This is still a foreclosure. It still shows up on your credit as a foreclosure and is really only a good deal for the bank not you
7. Bankruptcy -- An answer but not an end all to be all. In most circumstances the property will have to be disposed of one way or another be it short sale or foreclosure. The bankruptcy will allow you to stay in the property a little longer but in 3-6 months you will be right back in the same boat you are in right now property wise
8. You can do nothing -- Odd as it sounds this is a solution. You won't avoid foreclosure but if you are willing to risk the credit hit and potential liability for the unpaid balance on the second, nothing says you have to do anything but wait for the property to sell on the court house steps.
9. Sell the property -- If you have equity you can sell the property and close the loan. If you owe more than your Folsom home is worth you can short sale. There are pros and cons of a short sale as well so it is always best to get a free consultation.
Is a Folsom Short Sale Right for Me?
To get a better idea of when your Folsom home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation or for the latest Folsom short sale information. Call me today and sleep better tonight; you'll be glad you did
If you are a homeowner who has missed payments, possibly facing foreclosure, owe more than your home is worth or are just looking for short sale information, please contact Mike Rigley, Short Sale Specialist and Default Advocate at 888-317-9376 or mike@norcalmortgagerelief.com for a free no obligation confidential consultation and receive the latest information on your options to avoid foreclosure and the benefits of a short sale.
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If you owe more than your home is worth, want to know how long in todays present market it will take until your home is worth what you owe? Check out our calculator at [ Ссылка ]
Consistently ranked as one of Northern California's top Short Sale Agents and Specialist, Mike Rigley is one of the areas premiere Certified Default Advocates. With his strong focus on assisting homeowners in need, Mike offers a straightforward no nonsense consultation designed to give you all the information and facts to enable you to make the best decision for you and your family. As every situation is different, Mike offers his insight and knowledge of the default process and all the options available to you to avoid foreclosure. Mikes experience of representing both homeowners in distress avoid foreclosure and his insider knowledge of the default process makes' Mikes experience unique. Trained and personally coached by the former Chief Loss Mitigator of IndyMac bank, Mike understands what the banks are looking for and how best to assist you in your time of need. Call Mike today toll free at 888-317-9376 for your free consultation and sleep better tonight
