Options for homeowner who can’t pay mortgage

There are some options available to a home owner if you are under water on your home. If you are struggling to pay your mortgage here are some options:

• Sell your home as a Short Sale listing.
• Submit a Loan Modification Request to your Mortgage Servicer/Bank.
• BUSH ADMINISTRATION LAUNCHES “HOPE FOR HOMEOWNERS” PROGRAM TO HELP MORE STRUGGLING FAMILIES KEEP THEIR HOMES. Detailed Program Eligibility Requirements Announced

Sample forms and guidelines available.

We can help you navigate and make a decision in regard to any of these options. WE are Certified Mortgage Planning Specialist and are available to help. CAll direct: 203-273-0055. NY & CT help available, or Email us for any of the above forms, free for you to use at RichardsonRealtyTeam@gmail.com

NY Mortgage Broker not Lender. Equal Housing Lender & Equal Housing Opportunity.

 

Why are Short Sales so popular in Westchester?

Short sales enable many buyers and investors to pick up properties at great prices. As mentioned in our prior post, they require a bit of patience, but if you are persistent and looking to buy a place that may need some work or fixing up, this could be a great route for you.

Here in Westchester we do not have a incredibly high inventory of short sales, but they are out there, and they are moving pretty quickly. If you are interested in a Westchester or Fairfield county short sale, contact us today for your free report! Or call us with your specific questions: 888-RRT-KWRE