Facing Foreclosure in San Angelo, TX

30 09 2008

Road to Recovery

If your home has gone up for foreclosure you will probably receive all kids of offers from investors to purchase your home. I know for a fact that very few of them have your best interests in mind. In this troubling situation you need someone with the “Heart of a Teacher!”

Please contact me if you have any questions on the following foreclosure options. I have been helping families in your situation for over five years now. If I do not know the answer to your question, I will certainly find it out.

Foreclosure Options

Which one of these options best fit you

Ø Repayment Plan – you must qualify, initial payment required

Ø Forbearance Plan – extreme hardships only, must have proof of hardship

Ø Modifications – you must qualify, contribution & payments required, must escrow

Ø Deed-In-Lieu of foreclosure – FHA requires home to be listed for 3 months

Ø Short Sales – prove financial hardship, avoid foreclosure and bankruptcy, commissions & closing costs paid by lender, highest success rate of all options

FACT: I want you to keep your home. If I can succeed in helping you to retain your home, I will have a shot at selling it for you down the line.

FACT: A short sale is a better option than foreclosure. Many purchase another residence within 2 years.

Ryan Newlin, REALTOR

ERA Newlin & Company






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