Free Information Request Form
Below you will find the most common foreclosure
solutions. With Reliable Foreclosure Solutions learning
more about how to resolve your foreclosure is as easy as
1-2-3.
STEP #1: Review the information below and determine the
solutions that identify your interests.
STEP #2: Complete the questionnaire to the right to the
best of your ability.
STEP #3: Check your email for the information that you
requested and the contact information of the Personal
Foreclosure Resolution Specialist assigned to your file.
Common Solutions:
Forbearance Agreement - A Forbearance Agreement is where
a borrower, or a delegate for the borrower, negotiates
with the foreclosing lender's loss mitigation department
to structure a repayment plan and extend the foreclosure
sale for a period of time usually not more than 1 year.
Circle of Influence - You may have personal
relationships and/or financial resources to cure your
foreclosure and have overlooked the most inexpensive
solution. We can help you turn over every rock and guide
you through locating resources to solve your foreclosure
internally.
Refinance - "Foreclosure bail-out" loans are available
for distressed borrowers with sufficient equity and
income. The interest rates for these loans can be
substantially higher than "conventional" sub-prime
mortgage rates, and come with a myriad of different
terms and programs, but can be closed quickly and are
not credit based. You may even qualify for cash-out to
consolidate your debts.
Bankruptcy - We are not attorneys and cannot give legal
advice. However, we can provide information and
resources as to how a Chapter 13 bankruptcy may
"automatically stay" your foreclosure and allow you to
stay in your home while you reorganize your finances.
List Your Home for Sale - Depending on how much time you
have to sell your home compared to the average time it
takes to sell a home in you market it may or may not be
feasible as to whether you will be able to obtain at or
near full price for your home regardless of what a
realtor may tell you. It is imperative that you analyze
pertinent market data and structure reasonable listing
terms with realtors who are familiar with foreclosure.
Quick Sell Your Home - Your foreclosure may have run its
course and you can not get an extension on your sale;
your house may need major repairs and cannot be sold on
the open market at fair market value; you may have had a
contract for purchase and it fell through; you may need
fast cash for personal reasons; or you may just want to
sell quickly because the stress of the situation is more
than you can take. Credible investors may offer
discounted prices (typically between 70%-80% of FMV) for
your home but they can close quickly and, at their
discretion, may offer reduced leases and/or flexible
relocation terms.
Short Sell Your Home - You may owe more than your property
is worth and you no longer care to live in the house. It
may be in your best interest to attempt to "short sell"
the property. A "short sell" is where one or more of
your lenders may accept less than the current payoff amount(s) in lieu of possibly getting the property back
at foreclosure sale. This is a complicated process that
requires specific expertise but can save you from a
final trustee sale and the negative effects it may have
on your credit.
Deed in Lieu of Foreclosure - 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.
Foreclosure Extension - Depending on your overall
foreclosure prevention plan you can contact the
foreclosure trustee and request an extension. Your
success will ultimately be determined by your
reliability as determined by the trustee and the
strength of the documentation that you present, which
should indicate your plan for bringing your loan
current.
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Free Information Request Form
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You will receive more
information about the selections
you have chosen via email and an
offer for a complimentary
consultation about how we can
stop your foreclosure sale and
get you back on track.
An asterisk (*) denotes a required
field to receive the information you
have requested.
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Knowledge is
power! Knowing how to structure a realistic and
achievable foreclosure resolution plan; understanding
and abiding by Federal, State and Local foreclosure
laws; and maintaining the resources and relationships to
execute the plan in a timely manner is what
distinguishes Reliable Foreclosure Solutions from all
other for-profit or non-profit "foreclosure assistance"
organizations.
You can RELY on us
to help you, or if need be, to refer you to the
appropriate resource(s) to successfully resolve your
foreclosure!
Call Us Today or
apply online for information and/or assistance!
800-701-6589 Please
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