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Wednesday, August 11, 2010

Foreclosure Avoidance Options

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 1: REINSTATEMENT

A reinstatement is the simplest solution for a foreclosure, however it is often the most difficult. The homeowner simply requests the total amount owed to the mortgage company to date and pays it. This solution does not require the lender's approval and will 'reinstate' a mortgage up to the day before the final foreclosure sale.

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

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





















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





















A CDPE can help.

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