http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/ Avoid Foreclosure Monroe Florida Wed, 14 Jul 2010 01:25:20 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/comment-page-1/#comment-302 The Investor Wed, 16 Dec 2009 09:44:19 +0000 http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/#comment-302 depends on the situation.. 1) Deed the house back to the Bank. 2) if you have Equity Sell your house under market and give up the equity. 3) I would say Re-Fi but if you cant afford your house now how will you be able to after a Re-Fi 4) Try a Short Sale (usually tough to do but worth it) 5) Tell the Bank your leaving the house and leave and Rent (leave in good condition) Hope this helps.. If you have equity you have a lot of options if you don't have equity and have no way to pay off what you owe you can try to deed the house back.... 1st step is to contact the bank and talk to them about the situation they don't want to lose the house either maybe you can work something out. If you dont call them they will think you dont care.. CHEERS depends on the situation..
1) Deed the house back to the Bank.
2) if you have Equity Sell your house under market and give up the equity.
3) I would say Re-Fi but if you cant afford your house now how will you be able to after a Re-Fi
4) Try a Short Sale (usually tough to do but worth it)
5) Tell the Bank your leaving the house and leave and Rent (leave in good condition)
Hope this helps.. If you have equity you have a lot of options if you don’t have equity and have no way to pay off what you owe you can try to deed the house back….
1st step is to contact the bank and talk to them about the situation they don’t want to lose the house either maybe you can work something out. If you dont call them they will think you dont care..
CHEERS

]]> http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/comment-page-1/#comment-301 Jami J Wed, 16 Dec 2009 03:02:26 +0000 http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/#comment-301 You have got to call your bank and talk with them. They don't want you to foreclose and will most likely want to work with you on whatever it is that you need. You can also see if you can refinance for a lower fixed rate. You have options, don't just let it go until it is to late. You have got to call your bank and talk with them. They don’t want you to foreclose and will most likely want to work with you on whatever it is that you need. You can also see if you can refinance for a lower fixed rate. You have options, don’t just let it go until it is to late.

]]> http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/comment-page-1/#comment-300 foreclos Tue, 15 Dec 2009 20:56:45 +0000 http://avoidforeclosuremonroe.com/290/i-will-start-the-pain-of-a-foreclosure-any-recommendations/#comment-300 1. Save up money and get current. 2. Work with your lender for a forbearance agreement. 3. Work with your lender for a loan modification. 4. Refinance (traditional or hard money lender). 5. Use a partial claim (FHA loan only). 6. Sell to a private investor and make lease payments. 7. File Chapter 13 bankruptcy to stop foreclosure. 8. Sell at a short sale. 9. Sell outright. 10. Ask the bank to accept a deed in lieu of foreclosure. 11. Walk away and move on with your life. 1. Save up money and get current.
2. Work with your lender for a forbearance agreement.
3. Work with your lender for a loan modification.
4. Refinance (traditional or hard money lender).
5. Use a partial claim (FHA loan only).
6. Sell to a private investor and make lease payments.
7. File Chapter 13 bankruptcy to stop foreclosure.
8. Sell at a short sale.
9. Sell outright.
10. Ask the bank to accept a deed in lieu of foreclosure.
11. Walk away and move on with your life.

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