If you feel that you can reasonably continue to pay your current mortgage if some adjustments are made, such as deferring your past due amount or reducing the interest rate, then we may be able to negotiate a solution with your bank for you. Banks are not interested in taking back your property. They would rather take your money in a loan modification than be burdened with yet another bank owned house on their ledger. Banks are poorly equipped to manage the ownership of real estate and they would much rather find a way to salvage some portion of a loan, if possible. Emergency Property Solutions employs professional mitigators who negotiate with the banks to reach a solution on each deal that works for everyone involved, including YOU. The experts at Emergency Property Solutions can help you out of a terrible situation by finding a compromise that both you and the bank can live with in the form of a loan modification.

If you're down on your luck, want to sell and are caught up in the avalanche of homeowners who owe more on their properties than what they're worth, a short sale may be the right solution for you. In a short sale, the bank/lender agrees to accept less than what is owed on the property in exchange for an immediate sale and a reduced payoff at the closing. As the homeowner, you sell your property for less than what is owed and end up walking away having satisfied your entire mortgage via a short sale. Now, the bank will report this as a ding on your credit report since the property was “settled for less than owed”, but this is FAR MORE FAVORABLE than having a bad mortgage on your record and/or a deficiency judgment to pay. Since a short sale transaction has many complex variables, it is a transaction best left up to the experts. Here at Emergency Property Solutions, we are short sale pros and we can get the job done, so give us a call!

CALL US NOW FOR A FREE, NO OBLIGATION CONSULTATION at 877-430-3666