How to stop a foreclosure in Utah.
I am still new to all of this technology stuff so if I am doing something wrong with my blog let me know.
Since I specialize in Short Sales all over utah, I thought I would address the number one question. How can I stop this foreclosure.
As I sit down with home owners who are up to their ears in debt. I try to give them some type of hope. Many families do not know how long they have until they are kicked out on the streets or if there is anything they can do. Well the answer is yes, their is a lot of things you can do to stop the foreclosure process.
The main thing I do is sit down and listen to what their situation is. I create a plan that is taylored to their situation. I make it very clear that I am not here for the money. I do everything I can to save their credit and if possible, come up with a solution to keep them in their homes. I then proceed to talk to them about doing a loan modification. Yes a loan modification. I know that as Realtors we are not allowed to do loan modifications but I show them how they can do it themselves. I give them the support and the knowledge on how to do their own loan modification. The number one thing that makes my BLOOD BOIL is hearing how much some company has charged this poor family to do a loan modification and nothing gets done.
It is getting late so I am going to narrow it down to these steps:
Loan Modification
Selling on terms like lease to own or owner financing
Selling the home on a Short Sale
Please ask me any question by email or phone. I will get back to you with a solution or an answer. All information will be kept 100% confidential. If you are okay with me answering your question openly please post on my blog.
Thanks,
Blake Rounkles
Northern Realty
www.utahhomes.biz
801-589-2437