We Stop Foreclosure Broward County Florida
411WeBuyHomes.com is a Florida based Real Estate Investment company that buys houses and stop foreclosure in Southern Florida.
Do you need to stop foreclosure fast? Our negotiation services are FREE to the homeowner, and best of all, our method has proven to be the best and most effective way to closing short sales that are in the best interest of the homeowner. Beware of those who just want to "list" your property for sale without a proven system to actually get your house SOLD. It takes very special skills and a professional team to successfully complete your short sale.
For example, we will NOT conduct a short sale if it's in the homeowners best interest to do a loan modification or other option. For a limited time we can offer a FREE Forensic Loan Audit to uncover existing violations in your loan. Very often we pre-screen loan modification information on behalf of agents and homeowners to make sure that if a short sale or loan modification is pursued, it should always be in the homeowners best interest. Contact www.411WeBuyHomes.com today for your free confidential, no obligation consultation. Don't waste any more time.
What is a Short Sale?
A "Short Sale" or "Negotiated Settlement" or "Short Pay" occurs when a lender agrees to accept less than the amount owed as a payoff on a loan. If the property is worth less than the amount owed on the loan, then even if the lender forecloses and takes back the property, they know they are going to take a loss. We properly communicate and convince them that the lender will "do better" if they take less than what is owed now, in cash, rather than waiting and taking the property back by foreclosure and trying to sell it later.IS THIS LEGAL? Yes. We have the lender take less than what is owed. It's legal and is done hundreds of times a day in almost every state across America. Lenders and banks actually recommend finding professionals to do a short sale because it saves them time and money in the long run.
HOW LONG WILL IT TAKE? The short sale negotiation process can be a lengthy one. It may take several weeks or several months to get an approval. Many lenders have several layers of bureaucracy, insurers, and investors that we will have to maneuver through in order to get your short sale approved.
So, it is important to be patient during this process. Relax and let us take care of everything.
MY HOUSE IS GOING TO FORECOSURE, WILL I HAVE ENOUGH TIME? Maybe, maybe not. Every case is different and we will know as soon as you contact us. However, many times we convince
the lender to STOP the foreclosure. It is always better to try something instead of doing nothing.
CAN I STAY IN THE HOUSE? Yes. The key word in "Short
Sale" is sale. The purpose of a short sale is to get the property
sold. So, you will be moving. Homeowners can remain in the house as
long as possible during the short sale process. Every situation is
different and all options will be explored. However, the sooner you
move, the easier it is to sell. We are very creative when it comes to
selling houses. Buyers want to buy houses as soon as they become
available. Having a house vacant gets it SOLD fast.
ALL DEFICIENCY JUDGMENTS CAN BE ELIMINATED! And a short sale can give you additional months to stay in your house while the short sale is being negotiated. Please don't let the bank take your home to Foreclosure then pursue a deficiency judgment against you. Know All The Facts.
HOW DO I KNOW THIS WILL WORK? You don't. We cannot and will not make any promises to you that this will work. It would not be honest to make statements just to make you happy. Once the lender proceeds to FORECLOSURE they may not stop. But we know they don't want to take the property, they would rather have the money. They're in the mortgage business, not the real estate business, and we are very professional at presenting alternatives to the lender so they want to accept rather than foreclose. We are very good at what we do, but no false promises are being made as to whether or not the lender will accept a short sale because we don't know all the facts about your specific situation. Beware of anyone that makes claims or promises they cannot keep. You will never know unless you try. Take action now.
WHAT IS A RELEASE? A lender may offer to "release" its security interest against the property in exchange for less than the total amount of the note. A release will allow the property to be sold without paying off the obligations of the note. However, the note is not satisfied. Advantages: Successful Short Sale will allow the property to be sold thus avoiding a foreclosure on your credit record. Disadvantages: The remaining debt on the property (also called a deficiency) still exists. You are still liable for the note – in other words, you still owe the money. Reality: Remember the old saying, "you can't get blood out of a turnip." It is not likely the Lender will pursue the deficiency unless you have other significant assets.
Our team is very proud to say that we have a 98% success rate of getting all deficiency judgments waived!
WHAT IS A "SATISFACTION? A lender may agree to accept less than it is owed as complete and total satisfaction of the note and releases its lien against the property. It is something we always work for, and frequently receive for the homeowner.
Taxes: When you do a short sale, the lender typically includes that amount into the "Short Sale" to relieve you of the debt. Many homeowners find this to be a very positive reason to do a short sale.
WHAT IS A "DEED IN LIEU OF FORECLOSURE? Know The Truth. A Lender may offer a Deed In Lieu of Foreclosure. What this means is that you will Deed the property back to them instead of letting it go to foreclosure. The problem with lenders is that they don't tell you that they are NOT accepting the Deed as full satisfaction. So even after you Deed the property back to them, they still go after you for a Deficiency Judgment. Also, if you have a second mortgage on the property and it is not with the same lender, there is no way that you can Deed the property back to the First Lender and they give you a full satisfaction. The reason is that the first lender received the property and the second lender received nothing. Should you Deed the property back to the first lender the second lender WILL go after you because of the promissory note you signed when you purchased the property. Does anyone tell you that?
We hope this basic information was helpful. If you ever have any questions or want to learn more about the many options available to you, please contact us www.411WeBuyHomes.com Call 1-800-377-5061 - listen to 24 Hour recorded message and/or speak to someone from our office.
P.S. Do you have a friend, family member, neighbor, or know someone at work or church that may need help? PLEASE share this information with them as soon as possible. Help someone learn all their rights & options before time runs out. If we buy the property or complete the Short Sale, we can offer a CASH REWARD! Visit our site today to learn more.
As with any legal situation the reader is encouraged to consult any type counsel regarding points of law & accounting. This information should not be used as a substitute for legal & accounting advice.
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411WeBuyHomes.com We Stop Foreclosure in Florida!
Our team of Experts consists of Bank Negotiators, Real Estate Marketing
and Sales experts, Transaction Coordinators, and so much more. And
remember, our services are FREE To the homeowner. Iin Miami-Dade,
Broward, Palm Beach, Martin, St Lucie, Indian River, Orange, Duval,
Clay, Brevard, Lee, Charlotte, Sarasota, Glades and several other South
Florida counties!! If you have a home that you need to sell, contact us
to see how we can buy your houses in 7 days or less and close when you
want!
To see if your house would qualify for our fast home purchase program, please complete our confidential home seller questionnaire on our website at 411WeBuyHomes.com
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