Team Osborne<br />Your Short Sale and Foreclosure Resource.<br />Brad Osborne  <br />317-258-3651<br />Steve Osborne<br />...
So What is Foreclosure?<br />Foreclosure is a legal process by which a defaulted borrower is deprived of his or her intere...
What are the Steps in foreclosure?<br />Notice of sale.<br />Foreclosure sale or Sheriff’s Sale.<br />Redemption Period.<b...
The Effects of Foreclosure<br />
The Process of Foreclosure<br />
What are the Reasons for Foreclosure?<br />
What are my Options?<br />Refinance<br />Sell and bring cash to closing<br />Short Sale <br />Deed in Lieu of foreclosure<...
Short Sale VS. Foreclosure<br />
I want to do a short sale, but what do I need?<br />
My Hardship Letter<br />I am sorry<br />Here are my circumstances ( Job loss, Medical Issues, divorce, damage to property ...
Common Results of a Short Sale<br />
Why do Short Sales Fail?<br />Incomplete Short sale Package.<br />Package was not submitted properly<br />Offer was too Lo...
What do I need before I meet with Team Osborne?<br />
Info you’ll need Part 2<br />Pay stubs<br />W-2’s or Tax returns<br />Bank Statements and credit Reports<br />All your mon...
Conclusion<br />Short Sales are scary.<br />Please contact us before it is too late.<br />We are here to help not judge yo...
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Are you in Danger of Foreclosure?

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This is an introduction to the world of Short Sales and Foreclosures. We at Team Osborne wantyou to know there are other options other than foreclosure. Take a look at this video to see if you qualify for a Short Sale.

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Are you in Danger of Foreclosure?

  1. 1. Team Osborne<br />Your Short Sale and Foreclosure Resource.<br />Brad Osborne <br />317-258-3651<br />Steve Osborne<br />317-270-2655<br />
  2. 2. So What is Foreclosure?<br />Foreclosure is a legal process by which a defaulted borrower is deprived of his or her interest in a mortgaged property.<br />
  3. 3. What are the Steps in foreclosure?<br />Notice of sale.<br />Foreclosure sale or Sheriff’s Sale.<br />Redemption Period.<br />REO / Real Estate Owned<br />
  4. 4. The Effects of Foreclosure<br />
  5. 5. The Process of Foreclosure<br />
  6. 6. What are the Reasons for Foreclosure?<br />
  7. 7. What are my Options?<br />Refinance<br />Sell and bring cash to closing<br />Short Sale <br />Deed in Lieu of foreclosure<br />Foreclosure<br />Do nothing and walk away <br />
  8. 8. Short Sale VS. Foreclosure<br />
  9. 9. I want to do a short sale, but what do I need?<br />
  10. 10. My Hardship Letter<br />I am sorry<br />Here are my circumstances ( Job loss, Medical Issues, divorce, damage to property not covered by insurance, etc.)<br />I have exhausted all of my options and the only next step is letting the property go to Foreclosure.<br />
  11. 11. Common Results of a Short Sale<br />
  12. 12. Why do Short Sales Fail?<br />Incomplete Short sale Package.<br />Package was not submitted properly<br />Offer was too Low<br />Buyer is not Strong enough<br />Lender took too long and the Buyer backed out.<br />Inaccurate BPO’s<br />Doesn’t meet lender Criteria or Investor will not approve.<br />Junior lien holder says “NO!”<br />
  13. 13. What do I need before I meet with Team Osborne?<br />
  14. 14. Info you’ll need Part 2<br />Pay stubs<br />W-2’s or Tax returns<br />Bank Statements and credit Reports<br />All your monthly Bills (Utilities, car loan, food)<br />
  15. 15. Conclusion<br />Short Sales are scary.<br />Please contact us before it is too late.<br />We are here to help not judge you.<br />We will look at the big picture<br />You are helping your community<br />

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