Helping Those Facing Foreclosure

Houston homeowners in financial distress often suffer in silence. There is no need for that. You have options.
 
HOUSTON - Aug. 7, 2013 - PRLog -- In today's market, it is often seen that a homeowner is facing financial troubles due to loss of income, divorce, medical reasons or any other number of reasons and they find that they can no longer pay their mortgage.

They fall behind and start getting those dreadful letters from the bank about their mortgage.  They are behind and if they don't pay they will be foreclosed on.

What are these homeowners to do?  

The worst thing to do is NOTHING.  Act now.

Homeowners don't know that if they can't pay the mortgage, they can sell the home and use whatever profits are generated from the sale towards their mortgage.  This is what is called a "Short Sale".  The bank would much prefer to have you sell the home short and apply the money from the sale to the loan than to foreclose.

Homeowners also don't know that they don't have to pay for this service, their mortgage company will do the transaction for them and will not charge for it.

All a homeowner needs to do is contact a Realtor who specializes in this sort of service and they are on their way.

It is that simple.

Call Mildred Molina for additional information at 347-559-0292.
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Email:***@mildredmolina.com Email Verified
Tags:Mortgage, Realestate, Foreclosure, Shortsale
Industry:Real Estate, Mortgage
Location:Houston - Texas - United States
Subject:Projects
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