How To Stop Foreclosure

How To Stop Foreclosure In Fort Lauderdale 

There are several free ways how to stop foreclosure that are available to you.

Loan Modification

First, you can use our free kit to negotiate a loan modification with your lender.

Our kit has complete instructions on how to submit your loan modification package to your lender and negotiate a lower monthly payment.

The second free thing we provide is advice on how to stop the Debt Collector Phone Calls.

We give you an example letter that you can send to debt collectors to get them to stop calling you.

The third, the absolutely free way we can help you by negotiating a Short Sale.

Short Sale

A Short Sale cost you nothing. We get paid by your lender. It is well known that a lender will net more money on a short sale than taking a home back thru foreclosure. Why? A lender saves money on interest, attorney fees, and other related foreclosure costs.  A recent study done by the Boston Consulting Group showed that a lender will reduce their losses considerably with a short sale. In fact, the bank reduces their losses by 20% on average when accepting a short sale versus a foreclosure.

Short Sale Process

Here is what we will do to help you with your short sale.

Step #1:

We put your home up for sale and market it to find a buyer.

Step #2:

We gather all of the necessary documents to process your short sale.

Step #3:

After we find a buyer who wants to purchase the property, we contact your lender’s loss mitigation department. We ask them what documents are necessary to submit the short sale package and how to send it to them.

Step #4:

We submit the buyer’s offer and all the short sale paperwork to your lender. We have a complete checklist’s that we follow so everything is submitted properly.

Step #5:

We follow up with your lender to negotiate your short sale. There is a lot of time involved at this stage of the process. Many lender short sale departments are busy with an avalanche of short sale file. However, with a little patience and perseverance, we are able to get your lender to approve your short sale.

Step #6:

Upon lender approval, we then coordinate everything to a successful closing. We follow up with all the inspections, appraisals, surveys, and buyer’s financing if applicable.

Step #7:

Closing. Everything is completed and you are now out from under your burden of debt and stress. Most sellers are so glad to be done with the stress and uncertainty. It’s closure.

If you are interested in a short sale, then call me at 1-800-648-0037 Ext. 1024. Find out How To Stop Foreclosure today. We will discuss your options with you. Remember we are here to help you in any way that we can.