Foreclosure Solution - Shortsale Miami

Views:
 
Category: Education
     
 

Presentation Description

A brief presentation of a foreclosure solution, what is a deficiency judgement and how to solve your upside down mortgage problem through a shortsale that works instead of a regular shortsale or a loan modification.

Comments

Presentation Transcript

OCEANFIRST FORECLOSURE SOLUTION : 

OCEANFIRST FORECLOSURE SOLUTION Solving your mortgage debt.

The Problem : 

The Problem Deficiency Judgment Ruin Credit for years Personal Liability Debt DEFICIENCY Property Value Mortgage Debt Negative Equity

The Solutions : 

The Solutions Loan Modification Foreclosure Defense Deed in Lieu Short-sale

Loan Modification : 

Loan Modification Mortgage Debt Property Value DEFICIENCY Payments Negative Equity Property is still worth less than the Mortgage Deficiency Judgment

Foreclosure Defense : 

Foreclosure Defense Mortgage Debt Property Value DEFICIENCY Attorney Hired to make sure your rights are being kept The Foreclosure process is delayed but at some point other venues must be pursued to avoid the deficiency judgment Deficiency Judgment

Deed en Lieu : 

Deed en Lieu Mortgage Debt Property Value DEFICIENCY Turn property over to the Lender The lender might still seek a judgment against you for the deficiency once the property is sold Deficiency Judgment

Regular Short-Sale : 

Regular Short-Sale Mortgage Debt Property Value DEFICIENCY Sell property for current market value The lender might still seek a judgment against you for the deficiency Realtor Deficiency Judgment

OCEANFIRST Short-Sale : 

OCEANFIRST Short-Sale Property Value DEFICIENCY OceanFirst uses its experience and extensive database to sell the property Attorney defends you against foreclosure and gains leverage on your lender so that the deficiency may be released. RELEASE FROM DEFICIENCY

Take Action : 

Take Action Call now and get all your questions answered 305 532-5400 robertobalcker@yahoo.com