Facing Foreclosure?

One of the first questions we can help answer is also one of the most important:

What would your home realistically sell for in today's market?

Homeowners are sometimes surprised to discover that they have more equity than they realized.

If your likely sale proceeds are enough to satisfy your mortgage and selling expenses, you may be able to complete a traditional home sale rather than allowing the property to proceed further into foreclosure.

Time, however, can be extremely important.

The further the foreclosure process progresses, the fewer options a homeowner may have.

Knowing the numbers gives you information you can use when discussing your options with your lender and legal or financial advisors.

Every foreclosure situation is different.

As real estate professionals, we can help with:

● Determining current market value
● Reviewing comparable property sales
● Estimating potential selling expenses and proceeds
● Identifying whether a traditional sale appears feasible
● Marketing the property to the broadest appropriate buyer pool
● Evaluating offers based upon price, financing and likelihood of closing
● Coordinating with lenders, title professionals and attorneys as appropriate
● Managing the real estate transaction through settlement
● Handling a short sale when lender approval is required

We do not provide legal, tax or financial advice. Homeowners facing foreclosure should consider speaking promptly with their mortgage servicer and appropriately qualified legal, tax and financial professionals regarding their individual circumstances.

Financial circumstances can change for countless reasons: a job loss, divorce, illness, unexpected expenses, rising payments or simply a series of events that made it impossible to catch up.

You don't need to explain or defend how you got here.

Our job is to help you understand the real estate options available today and, when selling is the appropriate choice, work to achieve the strongest possible outcome.