Our programs and assistance are all no money out of pocket to you. In exchange for the services, and because our company expends time and money assisting consumers, including paying for third party legal services for consumer needs, and wants to be able to continue doing so without consumers incurring out of pocket expenses, we may enter into an agreement with you that would allow an associated real estate brokerage firm to list your property in the event of your decision to list it for sale within a certain time frame.

The Mortgage Forgiveness Debt Relief Act may prevent the need to claim any short amounts as taxable “gain.” This program is currently available.

For more information on the Mortgage Forgiveness Debt Relief Act, contact an advocate today at (888)-211-0662. Our hours of operation are Monday-Friday 8:30am-7:30pm EST.

Lis pendens occurs when you have missed your mortgage payment for 90 days. This is written notice that a law suit has been filed and formally starts the foreclosure process.

Yes. Call immediately to learn how. (888)-211-0662.

A sale of real estate in which the proceeds from selling the property fall short of the amounts owed, and the property owner cannot afford to repay the full amounts.

In a properly negotiated short sale transaction, all lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.

A short sale is often used as an alternative to foreclosure

It reduces additional fees and costs to both the creditor and borrower.

It minimizes the negative credit implications

The only real requirements for a short sale are:

1.A financial hardship prevents your from paying your mortgage note.

2.Your house is worth less than what you owe.

You may be eligible for a financial incentive from your lender for selling your home.

According to CNN Money, Banks are paying delinquent borrowers up to $35,000 to sell their homes!

You can avoid any deficiency amounts with a well negotiated short sale.

The Mortgage Forgiveness Debt Relief Act may prevent the need to claim any short amounts as taxable “gain.”

You may sleep better at night knowing who is buying your home.

You will spare yourself the social stigma of the "F" word, foreclosure.

Contrary to popular belief, you can be current on your payments and still effect a short sale.

Your home sale will be handled like any other home sale.

You are in control of the sale, not the bank.

The lender can place a judgment against you for tens or hundreds of thousands of dollars. Loss of financial incentive opportunity from your lender.

The right of home ownership is stripped away. Homeowners return to the rental market as a renter.

The bank may post a Notice of Public Sale on your front door.

Your credit takes a nose dive, and a foreclosure may remain on your credit report for 10 years.

Under Fannie Mae guidelines, without extenuating circumstances, you will not be eligible to buy another home for 7 years.