A Short Sale Provides Help With Foreclosure
At Money Managers LLC, it is our mission to provide our clients with the best solutions possible to meet their financial goals. When there is a need to get help with foreclosure, the options clients have are more extensive than many realize. From a short sale to mortgage loan modification, we are here to help clients explore all their avenues.
A short sale is a viable option to consider instead of foreclosure. Rather than take out stop foreclosure loans, a homeowner seeks to sell the home that is in default. The mortgage company in question agrees to let the property go for less than what is owed on the loan to help facilitate a successful sale.
The short sale process is one that can spare a homeowner the mark of foreclosure on the credit record. It is a cooperative effort between the homeowner, a real estate professional and the mortgage company or bank involved. The process can prove lengthy, but many find this solution to be the help with foreclosure they need.
There are other options to help with foreclosure that our clients often explore. Mortgage loan modification can provide the perfect solution. In essence, these stop foreclosure loans modify or rewrite the original loan so payments are more manageable for homeowners. During this process, the past due payments are rolled into the modified loan or forgiven so a homeowner can start out with a clean slate.
Since every client’s financial situation is unique, at Money Managers LLC, we work to help homeowners identify the best solutions to fit their needs. We do this by following a straightforward plan to help us provide the best guidance available. The steps include:
Performing a total financial analysis – To fully understand where our clients are financially, we perform a complete analysis. This enables us to provide viable solutions to fit the unique circumstances of our clients. When help with foreclosure is required, this step is necessary to ensure the right avenues are presented.
An exploration of the options – We make sure our clients are made aware of all the options that fit their circumstances. From a short sale to mortgage loan modification, we offer the guidance clients need to make informed decisions to minimize debt and maximize savings.
Budgeting – In addition to help with foreclosure, we help our clients get back on track financially by preparing a budget that works for their circumstances. Our monthly budget plans seek to decrease debt while increasing savings so financial goals can be met.
Documentation – No matter the options our clients choose, we are here to help guide them through the documentation and application process. We outsource solutions like short sales and mortgage loan modifications to our trusted affiliates so our clients get the best, most knowledgeable service available.
At Money Managers LLC, we are here to help clients through life’s little bumps in the road. Whether a short sale is required or other solutions better fit a situation, we assist clients in getting back on their feet financially and help them stay that way.