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Wednesday, November 10, 2010

Facing Foreclosure Florida Keys




JESSICA PETRUCCO 305-304-3256!



SERVING ISLAMORADA, TAVERNIER, PLANTATION KEY, KEY LARGO AND LONG KEY!



FORECLOSURE


What It Really Means & How to Avoid It

9 Ways to Avoid Foreclosure:


REINSTATEMENT: Bring the loan current


FOREBEARANCE: Temporary repayment plan


REFINANCE: New loan with reduction in monthly payments


LOAN MODIFICATION: Modify original loan terms


SELL THE PROPERTY: Use equity to payoff or pay difference


RENT THE PROPERTY: Must make loan current


SHORT SALE: Negotiate with bank to accept sale under loan amount


DEED IN LIEU OF FORECLOSURE: “friendly foreclosure”


BANKRUPTCY: Will stall foreclosure but not prevent it



EXPLORE EVERY SOLUTION AND FIND THE ONE THAT MEETS YOUR IMMEDIATE NEED.


NEED HELP?



Jessica Petrucco
REALTOR®
Century 21 Keysearch
Jessicapetrucco@yahoo.com
http://www.jessicapetrucco.com/
305-304-3256


FORECLOSURE VS SHORT SALE

What is a Short Sale http://www.cdpe.com/what-is-a-short-sale

Florida Foreclosure Law http://www.foreclosurelaw.org/Florida_Foreclosure_Law.htm

Avoid Foreclosure http://www.cdpe.com/foreclosure-avoidance-options

HOME AFFORDABLE PROGRAM http://www.cdpe.com/home-affordable-links