FBO Program Saves Distressed Homeowners From Foreclosure

The FBO Program helps homeowners in distress by offering a solution that will enhance their credit and receive moving expenses.
By: Zircon Enterprises Inc
 
June 18, 2010 - PRLog -- With the US economy virtually underwater and the real estate industry damaged beyond repair, many properties are poised to be foreclosed on. However, thanks to the Foreclosure Buy Out Program (FBO), there seems to be some hope in the horizon.

The FBO program typically designed for homeowners who are losing their home to foreclosure or short sale. By participating in the program, the homeowners can stand to receive moving expenses which they would not in foreclosure or short sale circumstances.

Any homeowner who has received a Notice of Default (Lis Pendens), Pre-Foreclosure, Foreclosure, or Short-Sale may qualify for this program.  The Foreclosure Buy Out program is not a loan modification, or a short sale where the homeowners are not allowed to receive money, or have foreclosure or short sale on their credit report for ten years or responsible for the outstanding balance.  The FBO program allows the homeowner to receive benefits that are a positive direction for the homeowner.

Benefits

The most interesting and remarkable feature of the FBO program is that it is a free service which allows the homeowners to receive funds for moving expenses which they would not be able to receive in a normal foreclosure. The homeowner can achieve ‘Paid as Agreed’ on their credit report. As a result, the homeowners can purchase another home easily.

Who Can Qualify for The FBO Program?

Any property that is valued over $150,000, in ‘Ready to Move in’ or Medium to Minor repair condition, homeowners who are late on payments, have received a Notice of Default, Foreclosure, Short-Sale or just want to walk away may qualify for the Foreclosure Buy Out Program.


How To Apply

Homeowners who wish to apply, may apply online by going to www.foreclosurebuyout.net or call 1-888-245-1632

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About Zircon Enterprises, Inc:

Zircon Enterprises, Inc (www.zirconinc.com) is a consulting company which informs businesses and consumers of unknown or not widely used products and services.

Contact Details:

Phone: 1-888-245-1632
Recording: 1-888-351-5042
Website: www.foreclosurebuyout.net
End
Source:Zircon Enterprises Inc
Email:***@foreclosurebuyout.net Email Verified
Zip:89130
Tags:Loans, Foreclosure, Deed, For, Lease, Short Shale, Real, Estate, Mortgage, Modification, Finance
Industry:Real Estate, Mortgage, Loans
Location:Las Vegas - Nevada - United States
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