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FORECLOSURE PREVENTION
Avoiding
home foreclosure can be difficult, but there are ways around it. If you are
heading down that path you may be able to stop a foreclosure by acting now. Addressing the problem
sooner rather then later will facilitate a much better opportunity of find a solution
to this crisis, take action, and state planning for the future again.
Because of the escalated foreclosure rate in the DFW Area,
we
have may Foreclosure Specialists that provide aid to homeowners who are in
need of foreclosure relief.
At this time we have a
team of pre foreclosure specialists that are able to meet your needs should you
require their help. We will work with your lender to arrange for the best possible
solution to the problem.
If you have no equity in
your house or owe more than the property is worth, a short sale may be arranged
through the loss mitigation department to help sell your house and avoid
a foreclosure.
Protect your future credit
buy taking this one step to find out what options are available to
you. Before you let your house go through foreclosure, or think about filing
bankruptcy , let us assess the situation and map the optimal path for you to
take.
Obtaining foreclosure
prevention information is a free service to you.
One phone call can make
all the difference in the world.
With the economy in a state
of decline there are new programs starting every day to help people avoid
foreclosure.
Call today for information 214-336-7088
Or
E-mail: jayhendrick@kw.com
These are a few items to know that will assist our agents
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Name of
the broker and/or lender. Loan account number. The promissory note, if you
have it. |
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Reason
for the situation at hand |
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Amount
past due. Date of your last mortgage payment.
Most
recent monthly mortgage statement. |
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All
letters from your lender regarding your past-due status. |
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Your own
documentation of any phone calls you made to the loan officer, who you
talked to and what agreements were made. |
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Any
letters from attorneys. |
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Proof of
other income, such as alimony, child support and disability. Last two
months' pay stubs. Last two months' bank statements. |
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W-2s and
tax returns from last year. |
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Your
best estimate of how much you could reasonably afford for each month's house
payment. |
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The
New Federal Plan
to help
Homeowners in Trouble
The
President's new plan to bail out troubled
homeowners provides incentives to 1st mortgage holders
For answers to
your questions visit:
The White House Blog
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