Avoid Foreclosure PDF Print E-mail

Here are some tips on how to avoid foreclosure. I know how frustrating it can get when, all you have worked so hard for is threaten by the current economy, the mortgage burst or other events.

1. Get advice from a foreclosure legal expert - I can help you here!

2. STAY IN YOUR HOME FOR NOW

3. Creat an action plan, DON’T wait till is to late 

You have alternative solutions, I have help a lot of distressed home owners who thought foreclosure was inevitable, you have options and I can explain to you what those are. 

SHOULD I BE AWARE OF ANYTHING ELSE?
Yes. Beware of scams! Solutions that sound too simple or too good to be true usually are. If you’re selling your home without professional guidance, beware of buyers who try to rush you through the process. Unfortunately, there are people who may try to take advantage of your financial difficulty. Be especially alert to the following:

Equity skimming
In this type of scam, a “buyer” approaches you, offering to get you out of financial trouble by promising to pay off your mortgage or give you a sum of money when the property is sold. The “buyer” may suggest that you move out quickly and deed the property to him or her. The “buyer” then collects rent for a time, does not make any mortgage payments, and allows the lender to foreclose. Remember, signing over your deed to someone else does not necessarily relieve you of your obligation on your loan.

Phony counseling agencies
Some groups calling themselves “counseling agencies” may approach you and offer to perform certain services for a fee. These could well be services you could do for yourself for free, such as negotiating a new payment plan with your lender, or pursuing a pre-foreclosure sale. If you have any doubt about paying for such services, call a HUD-approved housing counseling agency. Do this before you pay anyone or sign anything.

If you are facing foreclosure act know, I have so many people call me when is to late and it’s very hard for me to tell the homeowner “There is nothing else we can do, you house belongs to the bank” foreclosure sale dates can be postponed and give you a chance to strategically default and walk away but only if you act proactively….

Contact me if your need a free consultation
Attorney Ted A Greene
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
1 916 442 6400

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1912 F St | Ste 110
Sacramento, Ca 95811
Phone: 916 442 6400
info@tedgreenelaw.com


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