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Certified Distressed Property Expert If we all did the things we are capable of doing  we would literally astound ourselves.   -Thomas Edison
National Numbers
National Numbers All Mortgages Reported August 20, 2009 ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: MBAA.org
National Numbers Prime Mortgages ,  Reported August 20, 2009 ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: MBAA.org
National Numbers Subprime Mortgages ,  Reported August 20, 2009 ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: MBAA.org
More than 7 out of 10 homeowners go into foreclosure without  VISIBLE intervention. (You are the exception)
Foreclosure Explained
Foreclosure is a Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],FORECLOSURE DEMYSTIFIED
Foreclosure is a Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],FORECLOSURE DEMYSTIFIED
Possible Consequences
Reasons to Avoid Foreclosure ,[object Object],[object Object],[object Object],[object Object],[object Object],FORECLOSURE DEMYSTIFIED
Reasons to Avoid Foreclosure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],*Not applicable in some states FORECLOSURE DEMYSTIFIED
Reasons to Avoid Foreclosure ,[object Object],[object Object],[object Object],FORECLOSURE DEMYSTIFIED
Solutions
Reinstatement ,[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Reinstatement Example ,[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Forbearance or Re-Payment Plan ,[object Object],[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Forbearance Example ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
(!) Insider Tip ,[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Sell the Property ,[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Rent the Property ,[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Refinance ,[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Mortgage Modification ,[object Object],[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Mortgage Modification ,[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Deed-In-Lieu of Foreclosure ,[object Object],[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Bankruptcy ,[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Servicemembers Civil Relief Act (SCRA) ,[object Object],[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Short Sale ,[object Object],[object Object],[object Object],[object Object],Your Options OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Definition  ,[object Object],[object Object],[object Object],[object Object],SHORT SALES EXPLAINED
What a Short Sale is Not  ,[object Object],[object Object],OPTIONS FOR HOMEOWNERS IN FORECLOSURE
Two Major Consequences ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],SHORT SALE CONSEQUENCES
Mortgage Forgiveness Debt Relief Act of 2007 ,[object Object],[object Object],[object Object],SHORT SALE CONSEQUENCES
MFDRA Details, Phantom Tax  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],SHORT SALE CONSEQUENCES
Deficiency Judgment ,[object Object],[object Object],[object Object],SHORT SALE CONSEQUENCES
THE SHORT SALE PROCESS  YOUR INVOLVEMENT
SHORT SALE PROCESS Owner Involvement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],STAGE ONE: LISTING AND PREPARATION
Why Hire a CDPE?  ,[object Object],[object Object],[object Object],[object Object],[object Object],STAGE ONE: LISTING AND PREPARATION

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Solutions to Avoid Foreclosure