Options - We Stop Foreclosure's

Options

What are My Options?

Every option depends on what you want or need to do. There are pros and cons to each one.

However, if it’s your goal to stay in your house, then talk to us. FDT specialty is stopping foreclosure and keeping home owners in their home. (Fill in the Info Box)

Option 1: Do Nothing

This is the worst option you could choose. If you are thinking of moving, letting the bank take your property, Call FDT . We have the solution.

Option 2: Loan Modification

Modifications are the most common. When applying for a loan modification, it has the potential to stop a foreclosure. Now, this is never a guarantee. Lenders are also not required to postpone an auction in exchange for a loan modification. There are a lot of factors involved that must be met. You must meet the requirements or qualify to get approved. This may allow the home owner to catch up at a more affordable level, but there is huge risk to this strategy.

Option 3: Forbearance Repayment Plan

The lender may be able to arrange a repayment plan based on the home owner’s financial situation. Home owner’s credit will be affected during the forbearance process. Call FDT for this option.

Option 4: Deed in Lieu

The home owner gives the property back to the lender instead of the bank foreclosing. Do not let option 4. Be your choice. Call FDT. We have the solution

Option 5: Reinstatement

The borrower comes up with the total amount in the arrears. This will include missed monthly payments, late fees, attorney fees, drive by inspections, and any maintenance that was done. Some home owners are able to do this, but most borrowers are unable to reinstate because the amount got to be unaffordable. Call FDT. We have the solution.

Option 6: Redeem the Mortgage

The borrow pays off the entire mortgage debt that you promised to pay. Most home owners are unable to do this. Call FDT. We have the solution.

Option 7: File A Lawsuit

You can file a lawsuit if you have a cause of action. Now, there are serval types of lawsuits. There is the TRO-Temporary Restraining Order. This suite is the most effective. They are also getting more costly. You can file a Declaratory lawsuit. This is when a judgment of a court determines the rights of parties without ordering anything to be done or awarding damages, although it may be accompanied by one or more other remedies. Call FDT. We can help with this.

Option 8: SELLING YOUR HOUSE QUICKLY FOR CASH

To avoid foreclosure is to let us sell your house quickly. FDT does not buy houses. We do however have buyers that are a phone call away. We have long term relationships with most in & out of town investors that can close quickly. We will buy your house “As Is” and without any agent fees or long drawn out closings . Just fill in the form to get the process started on your no-obligation cash offer. If you decide you want to list your home, LET US DO IT. We can have that done for you right away.

Option 9: Probate Court