Facing Foreclosure? Please allow me to help. Unfortunately, in this market there are a lot of people who are unable to make there mortgage payments. Whether it be that they purchased on an arm and now after the arm readjusted they cannot afford the payment, or possibly their situation and they cannot afford the mortgage because of loss of job or divorce.

 

There are ways to get rid of your current home without having a foreclosure on your record. The best suggestion I can make to you is consult a Realtor, as well as your Tax advisor and seek Legal advice. 

 

In this market your best option is to negotiate a short sale with the mortgage holder.

contrary to the past the banks and mortgage companies are willing to work with people to get the home sold versus it coming back to the bank.

Your best option for this is consulting an agent like myself who understands who and how to talk with the banks and hopefully help you to get out from the burden of your payment, and help you start back on to a better track.

The most important thing to remember is to get started on this now. Waiting any longer will hurt you not make it better.