Avoid Foreclosure

Helping Families Avoid Foreclosure.

Don’t Let Time Run.

As a Certified Distressed Property Expert (CDPE) and Realtor, I specialize in working with sellers who are in financial distress by avoiding the devastating consequences of a foreclosure with the successful negotiation of a short sale. I can give you the expertise necessary to save your credit, relieve the uncertainty and most of all, help your family. If you or anyone you know is struggling with their mortgage, behind in payments or in Foreclosure, I can help… Call and find out what options you may have. 203- 228- 2887.

9 Ways to Avoid Foreclosure:

REINSTATEMENT: Bring the loan current

FOREBEARANCE: Temporary repayment plan

REFINANCE: New loan with reduction in monthly payments

LOAN MODIFICATION: Modify original loan terms

SELL THE PROPERTY: Use equity to payoff or pay difference

RENT THE PROPERTY: Must make loan current

SHORT SALE: Negotiate with bank to accept sale under loan amount

DEED IN LIEU OF FORECLOSURE: “friendly foreclosure”

BANKRUPTCY: Will stall foreclosure but not prevent it

What is a CDPE? (Certified Distress Property Expert)

An Agent who has earned the CDPE Designation has dedicated their time and effort to understanding the issues distressed homeowners are dealing with. The CDPE Professional is an agent who understands the full range of solutions and is ready to help. While experiencing financial distress is difficult for any family, the process of finding a real estate professional shouldn't be. Selecting a CDPE agent ensures you are dealing with a professional ready to address your needs.

What is a Short Sale?

A short sale occurs when a lender agrees to discount a loan balance due to an economic or financial hardship on the part of the borrower. A short sale is a negotiation done through the lender's Loss mitigation department. The distressed homeowner hires a Licensed REALTOR to list, market and sell the property for its current market value, even if less than the outstanding balance of the loan. Since the lender is receiving less than what it is owned, a short sale requires the lender's approval before it can reach closing.

A short sale is executed to prevent a home foreclosure. Lenders will only approve a well planned, well prepared, well presented short sale to avoid the costs of a foreclosure that can reach tens of thousands of dollars.