Change the Swing of the Pendulum, Understand Your Options!
Many Americans are facing a challenge with their home. Some are not able to afford the mortgage because of job loss, reduction of pay, or increase in monthly fees. Others are able to afford the mortgage but are not interested in keeping the home because it is no longer a good investment. What are their options?
You have the option of selling your home. There are two types of sells, traditional or short sale.
You have the option of foreclosure. There are two types of foreclosure: deed-in-lieu and traditional foreclosure.
Finally, you have the option of bankruptcy. An individual has an option of chapter 7 or chapter 13.
If you are facing a challenge with your home and need to know which option is best for you, contact my office to schedule some time to discuss.