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ONEWAY REALTY

1107 Mabbette Street

Kissimmee, Florida 34741

Tel: (407) 931-0081 Fax: (407) 931-0052

We are listed at : Real-Estate-Agents.com,  Real Estate Roster,  Real Estate Directory,  Hawaii Real Estate,  Honolulu RealEstate

ONE WAY REALTY Inc. A Licensed Florida Real Estate Broker - REALTORS®.

The fact is, your lender doesn't want your home and they spend lots of time and money attempting to assist homeowners in avoiding foreclosure. Lenders are in the business of loaning money and earning interest off of those loans. They are not in the business of owning or selling real estate.

 

Here are the most common methods used by lenders to avoid losing business through foreclosure...

 

Loan Modification: A permanent change in one or more of the terms of a mortgagor's loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford.

 

Special Forebearance: Is a written repayment agreement between a mortgagee and a mortgagor, which contains a plan to reinstate an asset that is minimum three mortgage payments due and unpaid.

 

Deed In Lieu: A Deed in Lieu of foreclosure (DIL) is a disposition option in which a mortgagor voluntarily deeds collateral property in exchange for a release from all obligations under the mortgage. A DIL of foreclosure may not be accepted from mortgagors who can financially make their mortgage payments.

 

Preforeclosure - Short Sale: A Preforeclosure Short Sale allows the mortgagor in default to sell his/her home and use the net sale proceeds to satisfy the mortgage debt even though these proceeds are less than the amount owed. One Way Realty specializes in this highly complex segment of real estate sales. With in-depth knowledge of lender practices and procedures, we can guide you through even the most challenging aspects of your Pre-foreclosure short sale. In the case of most short sales, a mortgagor is asking their lender to take a significant loss, and if you know anyone that's ever done a short sale - then you know that you can't trust just anyone to do it. Short sales require steadfast negotiating skills, knowledge of lender procedures, current market insight, a significant number of contacts in the investor community, and shear experience to expect and deal with the unexpected. We possess these tools and we make it happen everyday for our clients. For a no obligation confidential consultation, please contact us today.

Foreclosure,

it's a sad reality that can happen to anyone -

but it doesn't have to!!!

Are you behind on your payments? Is it becoming more difficult to see the the light at the

end of the tunnel.? Well with a bit of effort foreclosure can be prevented in almost any case.

The key is immediate, smart, decisive action and communication with your lender(s).