Fear of foreclosure is at the forefront of the mind of many families. Changes in the economy have led to skyrocketing interest rates and ever increasing mortgage payments. Rather than walking away from your home, consider a foreclosure loan.
LCAR Unit 22 - Leasing and Property Management - 14th Edition Revised.pptx
Foreclosure Loan
1. RE Acquisitions
Foreclosure Loan
Fear of foreclosure is at the forefront of the mind of many families. Changes in the economy
have led to skyrocketing interest rates and ever increasing mortgage payments. Rather than
walking away from your home, consider a foreclosure loan.
By refinancing your home with new terms, you can keep making payments and avoid
foreclosure. However, this is a process that should
be negotiated between a firm that employs both
licensed and bonded mortgage brokers and
attorneys and your lender. Homeowners should not
represent themselves. In addition, the debt
negotiations firm can advise you about potential tax consequences, as well as any impact to
your credit rating.
“We want our clients to understand each step of the process before they sign the newly
negotiated contract. Though this is a good alternative to foreclosure, it is still a new contract,
and should be evaluated,” says a representative from RE Acquisitions, a debt negotiations firm
in Portland, Oregon.
RE Acquisitions in Portland, Oregon is a mortgage rate reduction and short sale service firm.
They have years of experience, existing relationships and pre-qualified buyers that will enable
them to provide services to homeowners who need to sell their house quickly. Contact them via
their website www.sellhomeowner.com for more information.
www.sellhomeowner.com