Are you facing foreclosure and looking for strong foreclosure
relief? Foreclosure solutions provided by SurePath can help you deal
with the situation very effectively. Most of the time, homeowners think
that stopping foreclosure is impossible, but if you are seeking right
foreclosure help, you can surely improve your situation. Today,
homeowners feel that adjustable rate mortgages are the main culprit, but
there are other factors like high cost of living and reduction in
income that can also contribute to foreclosure. Here are some SurePath
foreclosure solutions at a quick glance:
Loan Modification Plans:This is a kind of solution
that you might have come across in news or advertisements. The federal
government has developed a program known as the Home Affordable
Modification Program which is a part of the Home Affordability &
Stability Plan administered by US Treasury. Homeowners must meet
conditions to qualify for this program-they must provide documentation
to show they are without jobs or experiencing an unexpected rise in
monthly payments. This particular program is available for only those
homeowners who are occupying the property in question and not for
vacation homes or investment properties.
Repayment Plans: This
foreclosure help is recommended for those homeowners who are
experiencing short-term temporary disruption. It is a kind of plan
developed between the borrower and lender. Here, the lender asks for
down payment on the plan, which is based on existing debt along with a
monthly payment (expected to be more than the monthly payment the home
buyer is making). A lawyer who has sound knowledge on foreclosure law
can provide you with right advice. The NFCC certified counselor of
SurePath helps you to determine your options at no cost.
Keep
Yourself Updated:One of the ways to find an appropriate solution for
real estate foreclosure is to keep yourself updated on foreclosure
information. Information is the key that will help you to know what to
do after receiving foreclosure notice. Generally, the notice provides 21
days to vacate the home and turn over to the lenders after making an
agreement to purchase the home.
In
order to help people dealing with foreclosure, there are different
types of government programs available. You can seek the help of a
foreclosure lawyer to know more about these programs. In many cases,
homeowners tend to seek last-minute help that sometimes makes difficult
to get lender to approve a suitable solution. Thus, it is always
advisable to act as quickly as possible after receiving a foreclosure
notice.
You must also make sure that you are seeking help from
HUD approved agency as they are known to provide the right solution to
this frustrating problem. Other than these, some of the other SurePath
foreclosure solutions include a deed in lieu of foreclosure or short
sale. Regardless of your situation, the counselors at SurePath will help
you make the right decision about your options and also answer any
questions you might have. Act quickly to save your home and seek the
help of SurePath foreclosure solutions.
Please visit our site for more information: http://www.surepath.org/en/Home/Home.aspx