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Saturday, August 14, 2010

Foreclosure Avoidance Option- 4

Foreclosure Avoidance Options

Foreclosure is one of the most devastating financial challenges that a family can face and one that many times can be avoided. The options available to residents for foreclosure are many, including but not limited to short sales. Each day, in the next 10 days I will be providing a brief explanation of these solutions:

Option #4:  RENT THE PROPERTY

A homeowner who has a mortgage payment low enough that market rent will allow it to be paid, can convert their property to a rental and use the rental income to pay the mortgage.

This represents only one of the solutions available to homeowners facing foreclosure. Check back tomorrow where I'll discuss another Foreclosure Avoidance Option.


If you would like an all inclusive list immediately, please call or email me-No obligation

Understanding your options now could mean all the difference in the world.

I am a Designated CDPE, for a confidential evaluation of your individual situation, property value, and possible options, call me.

Real Estate for Sellers, Buyers and Homeowners by Ann Marie Gargano-Parks's Fan Box