Let's Take A Look At Repayment plans or Short Sale
Do You Know What The Value Of Your Home Is?
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REPAYMENT PLAN
A mortgage repayment plan is a structured arrangement between a borrower and a lender to help the borrower catch up on missed mortgage payments over a period of time. It is designed to assist borrowers who are facing temporary financial difficulties and are unable to make their regular mortgage payments.
Watch the video to learn how a repayment plan typically works.
SHORT SALE
A short sale refers to the process of selling a property for less than the amount owed on the mortgage. It is an option for the homeowners who are facing financial hardship and are unable to continue making their mortgage payments. It is important to start this process as quickly as possible because it is typically a longer process.
Watch the video to hear more on how the short sale process works. Contact me below for a confidential consultation.
Debbie Atwood and Atwood Group, is not an attorney and does not give legal advice. It is important to contact a qualified real estate attorney
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