I am facing foreclosure on my deceased mothers home, I don't have $38,000 credit is bad, HUD is taking over the loan, is there anything I can do?

(0) | asked by: Maria Gonzales | share | 2 days ago | Report
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answer by Larry Rosario    |   Visit My Website   |   Contact Me
Yo trato de ayudarla. llámame mañana cuando pueda, a ver que se puede hacer . Cada caso es distinto.
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7 hours ago  |   Report   |   share
answer by Dylcia Cornelious    |   Visit My Website   |   Contact Me
List the property immediately as a Short Sale and try to get it sold. What this means is that your agent will list the property for a reduced price and negotiate with the bank to get them to accept less than the mortgage balance on the property. Be aware that this is a very long drawn out process and some of the banks can be very difficult but if your agent is able to hang in there and be in constant contact with the bank it will wipe out the debt. The bank will typically tell us the price that they will accept after they get an offer on the property. Try to find an agent that has done Short Sales before and knows the ins and outs of the process. Dylcia Cornelious Gateway Real Estate
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11 hours ago  |   Report   |   share
answer by Dylcia Cornelious    |   Visit My Website   |   Contact Me
List the property immediately as a Short Sale and try to get it sold. What this means is that your agent will list the property for a reduced price and negotiate with the bank to get them to accept less than the mortgage balance on the property. Be aware that this is a very long drawn out process and some of the banks can be very difficult but if your agent is able to hang in there and be in constant contact with the bank it will wipe out the debt. The bank will typically tell us the price that they will accept after they get an offer on the property. Try to find an agent that has done Short Sales before and knows the ins and outs of the process. Dylcia Cornelious Gateway Real Estate 12331 Towne Lake Dr. Fort Myers, FL 33913
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11 hours ago  |   Report   |   share
answer by E'toile Libbett    |   Contact Me
Find an agent who is certified in working with distressed properties. That agent should have a certification as a CDPE (Certified Distressed Property Expert) That agent will know how to assess your position and help you.
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20 hours ago  |   Report   |   share
answer by Elsa Dugas    |   Visit My Website   |   Contact Me
Look for an attorney that specializes in this area of real estate law. For a small they can give a good direction to proceed.
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1 day ago  |   Report   |   share
answer by Gary Owen    |   Visit My Website   |   Contact Me
Call me. I may be able to help you.
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1 day ago  |   Report   |   share
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