How to Avoid Foreclosure
I'm a real estate agent experienced in dealing with r'eal-life' human hardships, especially pertaining to real estate.
If you owe more money on your home than the market will bare, you're not alone. If you've experienced hardship and need some breathing room, and want to stay in your home, I can work with your bank to grant a forbearance and put your next 6 months payments at the end of your loan. Let me help you sort it out so that you can be back on your feet and on with your life.
If there is no possibility of staying in your home, then the bank may accept an offer for less than what is owned on the mortgage, it's called a 'short sale.
I am an advocate. I can council and guide you as your life and the real estate market get back up on solid ground. As the next 5 - 7 years unfold, the real estate market will affect us all; preparedness in handling it is something we all have to do, including me. I'm advanced, educated and preparred to assist one of the largest markets of home sales through the years 2010 to 2017. Right now foreclosures, bank owned, short sale, and distressed properties, are making up a large portion of our market sales with expectations to skyrocket with resetting Alt-A loans (5 Year ARMs born in 2005).
I want to help you, your friends, and/or your families, avoid foreclosure at all cost and I have the tools to help.
Today’s estimates show most American Families can only maintain their current living expenses for 60 days or less when income is interrupted for any reason.
When you look around you, you’ll find one or two great people currently, or soon to be, in financial distress due to one of the following: job loss, divorce, payment increase on a mortgage loan adjustment, business failure, property damage, death of a spouse or family member, severe illness, separation, relocation, military service, insurance or tax increase, reduced income, to much debt, or incarceration. Ask me about 'Short Sale Hardships' when you call me.
The affects of a Foreclosure are profound and can be life altering for a family: future Fannie Mae loans can be blocked for 5 years, other lenders WILL block for 7 years, credit scores are affected 3 to 7 years, public records show the default, security clearances will be revoked, positions terminated, future employment may be challenged, deficiency judgments for future payback is almost certain, automobile insurance rates increase, and credit card interest rates WILL skyrocket.
A Short Sale is defined as: a sale of real estate in which the proceeds from the sale are less than the balance owed on a loan secured by the property sold.
The bank in essence is willing to take a discount to avoid a long, costly foreclosure process. When handled by an expert the balance can reflect “paid as agreed” or “settled in full" on a credit report. Deficiency judgments can be avoided in the negotiations with the mortgagee. Unfortunately, the owner of the property cannot negotiate this type of transaction but as a CDPE, I can.
Banks DO NOT want an inventory of vacant homes; I assure you, they are in business to close loans.
If you know of anyone facing distress like this, let them know I can help. Time starts ticking at the first missed mortgage payment. Don't let someone you know face foreclosure. There are many options (including staying in the home) I can share in a FREE confidential assessment.
Please, if you care, share my information today as the next family I save from foreclosure could be someone close to you.
Please remember that all communication is held in complete confidence.
Specializing in helping homeowners conduct a Short Sales to avoid a foreclosure on their home.
The effects of a Short Sale can be less of an impact than a Foreclosure
A Short Sale CAN protect YOUR credit, CALL ME TO FIND OUT HOW.
For confidential quick connection, call or e-mail me at: Cindy@CindyMustafa.com
For Shortsale vs Foreclosure Comparison: