We understand that facing foreclosure can be a very stressful situation for any homeowner. We often find that homeowners need to know what the best solution for their unique situation is. This is especially true for homeowners who cannot afford their mortgage payment due to an increase in their mortgage interest rate, reduction in their income, or inability to refinance. Because many of these homeowners have lost much equity in their homes, their loan amounts exceed the property value leaving them with the option of short sale or foreclosure. Short sale is a much better option for homeowners as they can move on with their lives and have less negative credit repercussions with fewer liabilities. Furthermore, it is also less costly for the lender who will receive much less proceeds from a foreclosure transaction. So it is a win/win situation for the homeowner and the lender. 

We will review your case to see what is the best choice based on your current situation and will take all factors into consideration. Please be aware of the fact that we have not collected all your financial information so our analysis is based on what kind of information you provide us. Be sure to include any additional details in the notes section so we can take that into consideration. This is a free service to homeowners; your information is not sold to any third party and will be used only for the purpose of our evaluation. We generally send you answers via email but you if you prefer, please let us know and we can also contact you by telephone.