Your SlideShare is downloading. ×
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Short Sale Presentation Final
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Short Sale Presentation Final

348

Published on

Presentation to help anyone that is struggling with their mortgage payment or has not making it. I am here to help and answer questions

Presentation to help anyone that is struggling with their mortgage payment or has not making it. I am here to help and answer questions

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
348
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
21
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. I’m Linda M Pillard, CDPE, and I’m here to help you.
  • 2. Chances are you or someone you know is having trouble making the mortgage payment each month.
    If this is your situation, you are not alone.
    MILLIONS of homeowners are upside-down on the mortgage
    So where do you start?
  • 3. Step 1: Take Action
    CONGRATULATIONS!
    You’ve already succeeded in taking your first step by watching this seminar
    You are proactive about finding a solution and the answers to many of your questions are right here
  • 4. Step 2: Contact an Educated Agent
    BE WARY OF RESCUE SCAMS!
    Mediators that promise a quick resolution in exchange for upfront fees should be reported
    A reputable counselor will not guarantee to stop the foreclosure process
    Look for the CDPE logo
  • 5. Step 3: Organize Your Personal Documents & Information
    Expedite the process!
    No matter which option you choose, the process can be expedited by assembling these materials:
    Checking account statements
    Recent mortgage statements
    Savings account statements
    Your last two paycheck stubs
    Your past two tax returns
    A letter of hardship
    I can assist you in this process!
  • 6. Step 4: Contact Your Lender
    Lenders want to avoid foreclosure!
    Lenders are not in real estate, do not want to take ownership of a home and don’t want houses to sit idle on the market
    Contact your lender as soon as possible to discuss the solutions to YOUR circumstances
    Keep your agent informed
  • 7. Step 5: Understand ALL Your Options
    As a CDPE-designated agent, I have the most current information on the options available to you
    Here’s a brief summary of a few options
  • 8. SHORT SALE
    A short sale is a dignified alternative to foreclosure, allowing a homeowner who owes more on their property than it is currently worth, to sell their property at a price lower than what is owed.
  • 9. DEED-IN-LIEU
    A deed-in-lieu allows the homeowner to return the property to the lender rather than go through the foreclosure process
  • 10. FOREBEARANCE or REPAYMENT
    These options involve the homeowner negotiating with the mortgage company to allow them to repay back-payments over a period of time.
  • 11. MORTGAGE MODIFICATION
    A mortgage modification involves the reduction of one of the following: the interest rate on the loan, the principal balance of the loan, the term of the loan, or any combination of these, for a more affordable mortgage.
  • 12. RENTING THE PROPERTY
    Renting can also be an option, if a homeowner has a mortgage payment low enough, they can convert their property to a rental and use the rental income to pay the mortgage.
  • 13. BANKRUPTCY
    Bankruptcy is only a ‘foreclosure solution’ in some states and situations, but still remains a challenging financial decision.
  • 14. MORTGAGE REFINANCE
    A mortgage refinance can be an option if a homeowner has sufficient equity in their property and their credit is still in good standing.
  • 15. SERVICEMEMBERS CIVIL RELIEF ACT
    This act was implemented to help members of the military experiencing financial distress due to deployment.
    Contact me for more information.
  • 16. SALE OF PROPERTY
    Selling your property can be accomplished if a homeowner has sufficient equity and a qualified agent who understands the current market. If you don’t have equity, a short sale may be the best option.
  • 17. Step 6: Action!
    Obtain a copy of my report, “Your First Steps to Avoid Foreclosure” and pass it along to anyone who may benefit from this information
    Contact me today and let’s get you back on the path to financial security
  • 18. In Closing
    I believe every homeowner deserves the best information and education to avoid losing a home to foreclosure and damaging credit for years to come
    As a CDPE, I have been trained to assist homeowners in difficult situations
  • 19. Don’t Hesitate To Contact Me
    Linda M Pillard
    National Real Estate
    296 W. Main St., Woodland, CA 95695
    Http://www.lindapillardhomes.com
    Http://shortsaleconsultantnow.com
    530.713.6121

×