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You Have Options, Lets Talk
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I can't make my mortgage payment, now what? Not all homes that go into default go all the way through foreclosure. Many sell before the notice of default is finalized. Home buyers and investors are attracted to short  sales and foreclosures because they want to buy a home for less than market value. Sometimes sellers in default and buyers who want a short sale or foreclosure can see eye-to-eye and enter into a profitable transaction for both parties.
But it's not for the faint of heart. Distressed home sales are often complicated and sellers have rights when in foreclosure. Both sellers and buyers should seek legal advice before entering into such a contract.
It's all too common for sellers in foreclosure to want to ignore the problem and hope it will go away. Some stick their heads in the sand. But help is available.
Sellers in foreclosure have options. Below are 2 sites for your review. See if you qualify for a loan modification. Making Home Affordable is part of President Obama's comprehensive strategy to get the housing market back on track. Through the Making Home Affordable Program, up to 9 million American families may be eligible to refinance or modify their loans to a payment that is affordable now and into the future. The FDIC has lots of information on their site including details on loan modifications, short sales, safe loans, credit reports and scores. Call Dan today @ 813-545-7372 to find out more. |
 Serving the Greater Tampa Bay Area including Tampa, Brandon, Riverview, Valrico, S effner, Dover, Apollo Beach, Lithia, Fish Hawk Ranch, Mango, Bloomingdale, Sun City Center, Plant City, Temple Terrace as well as eastern Hillsborough county CDPE - Certified Distressed Property expert
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