A few things more:More Less
I realized that if your or someone you know may have already missed a payment or two and and owe a couple thousand dollars in lender legal fees, the lender of your mortgage may still be willing to try to arrange a repayment schedule.
Keep in mind you will likely have to pay a third to a half of the delinquent amount upfront, and then pay off a portion of the remaining balance each month for a year or more. Also, never ignore the lender's letters or phone calls. Ignoring the problem won't make it go away. -- and if you're going into a foreclosure process, there are other fees and costs involved and ignoring them only makes these worse.
Some companies may be willing to offer you a "short sale", too. With these, the lender agrees to forgive some of your debt and let you sale the rest to a new owner. This way, the lender still gets more money than they would by foreclosing on you.
Please don't hesitate to call me directly, at414-467-8884 or 414-688-8650.
If I'm not available, just leave your name and your telephone number at and I promise I will call you as soon as I get your message.
Here's some of what I'll need to know, to determine if I can help you or not.
1. How much is still owed on your mortgage and how many payments are overdue?
2. Does the payment include the property taxes and if not, are any tax payments overdue?
3. Has a Notice for a Sheriff's Sale been sent?
4. Has the bank sent you a list of additional expenses owed to them for the foreclosure process?
Those are some of the most crucial questions. With just a little information and just a few minutes of your time, I'll be able to find out if I can help you - - and your worries can be over.
Again, you can call me directly, 414-467-8884 or 414-688-8650.There's No Catch, No-Cost, and No- Obligation