You actually have three options:1) Payment Modification: This is the best option for you as it is not a refinance, but a modification of your current loan payment. If you want to keep the house this is a great way to do it and and it will not hut your credit.2) Short Sale: if you do not want to keep the house then do a short sale with a company like ours that specializes in Short Sales. Postponing your home from going to auction and getting the short sale completed is the reason for going with a repretable company.3) Foreclosure: This is an option if you really do not care about your credit and really should be avoided if possible by either a short sale or a payment modification.Contact me and I will be happy to explain in detail the options for your situation. We are currently getting successful payment modifications for our clients as low as 2% interest rate.
The best way is to find an expert and learn from what they have done. There are many different ways to go about buying foreclosure properties from pre-foreclosure, short sale, foreclosure auction, or bank owned properties. Each phase in the life cycle of a foreclosure property represents unique challenges. So build your team of experts first.My company Real Estate Investment Firm has a Free Foreclosure Buying workshop we hold for the general public to get more information on the subject. To RSVP go to www.RealEstateInvestmentFirm.com
I have the APN, but do not know the exact location of my property to locate it on Zillow, please adv
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